The collapse of the Lehman Brothers investment bank has sparked a shakeup in Wall Street prompting fears of the worst crisis since the Great Depression. £9 billion was wiped off pensions accounting to the fifth biggest loss in a single day.
The FTSE plunged 4% at a cost of thousands of jobs in America and Britain as mortgages are expected to rise. Pre-empting the crash this September, Lehman's total debts at the end of May were £342 billion. The true aftermath is not yet known for the British and world market but the Halifax Bank reported a 22% drop in the FTSE 100 just two days after.
Conspiracy theorists claim that there is a mysterious alien based pyramid in the Antarctic.
Toblerone design shape change angers some loyal chocolate lovers in the UK.0 comments
Britain to experience up to 120 days of snow in coldest conditions in years.
More than 40 perfectly preserved ancient shipwrecks accidentally discovered at the bottom of the Black Sea.
Fragile golden and silver scrolls believed to be “spells” to invoke good or evil spirits were unearthed with ancient skeleton in Serbia.
Stress of moving house can help boost memory, a recent research has found.
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