House prices 'fall 10.5% in year'
UK house prices are down 10.5% on a year ago, the first annual double-digit fall since 1990, the Nationwide says.

British workers 'fear job losses'
More than one in 10 British workers fear they will lose their job in the next year because of the economy, the TUC says.

Oil price rises on hurricane fear
The price of oil climbs as Tropical Storm Gustav heads towards the Gulf of Mexico - home to many offshore energy installations.

Management shake-up at Fannie Mae
The US mortgage giant announces a shake-up of top executives in an attempt to restore confidence.

Profits plunge at Credit Agricole
Credit Agricole reports a 94% fall in second-quarter profits after the bank is hit by a loss at its investment banking division.