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As officials ordered the evacuation of New Orleans, the oil industry shut down rigs and pulled back personnel as Hurricane Gustav bore down on the Gulf coast on Sunday.
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An employers group urges the government to tackle economic concerns “head on” to reduce the impact on manufacturing jobs.
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Gas prices continue to rise in states along the Gulf of Mexico as workers on offshore oil rigs abandon ship and residents flee their homes ahead of Hurricane Gustav.
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Government must take “decisive action” to help the housing market, say the Royal Institution of Chartered Surveyors.
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New tax measures come into force this month that should see about 22 million people receive a rebate of around
Tesco is to change the wording of signs on its fast-track checkouts to avoid any linguistic dispute.
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Tesco is to change the wording of signs on its fast-track checkouts to avoid any linguistic dispute.
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Justice Secretary Jack Straw says Labour is best placed to see Britain through the current economic downturn.
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With Hurricane Gustav on course to hit the US Gulf, the damage it does to the region’s oil facilities could be a “worse case scenario”.
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Gas prices zoomed higher in states along the Gulf of Mexico as workers on offshore oil rigs abandon ship ahead of Hurricane Gustav which became a category 3 storm on Saturday.
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Ringing the changes – BT puts phone boxes out for ‘adoption’
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Chancellor Alistair Darling says he stands by his comments warning that the UK is facing the worst economic crisis in 60 years.
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The Gulf of Mexico is home to 4,000 drilling platforms and 33,000 miles of pipeline, which send 1.3 million barrels a day to the Gulf Coast’s 56 refineries. But a tropical storm threatens to deal a powerful blow to the oil-rich region.
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State regulators shuttered a Georgia bank late Friday, marking the tenth bank failure this year.
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The government sent out an additional 2.4 million stimulus payments, totaling $1.5 billion, since July 11, according to a statement from the Treasury department.
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