Weekend Newspaper Headlines - 12th October 2008Weekend Newspaper Headlines - 12th October 2008
SATURDAY
The Times
£2.7 trillion wiped off global value of shares after frenzied day of panic selling, front page
Seven days that shock the world: what really happened and how it will affect you, p2
Cult of equity down but not permanently out, p51
Money
The fallout from the rate cut, M2
Plenty at stake for investors – Mark Atherton explains what the Government’s £50bn bailout means for shareholders, M4
How to turn yourself into a model borrower, M10
Daily Telegraph
Panic Stations – shares plunge making it worst ever week, p1
£500bn package shows no sign of working – rate of interest that banks charge each other for some loans actually rose, p4
Halifax: last man standing on tracker mortgages, p4
Everyone is affected by the fall in share prices – savings, mortgages, house prices, pensions, Myra Butterworth and Harry Wallop, p5
Rightmove defends business model as survey highlights subscription cost concern – warns the estate agents who leave could risk collapse after survey suggests 74pc are considering leaving because of subscription charges, p29
Your Money
Interest rate cut no ‘quick fix for new borrowers as banks hesitate, Y3
Tackling tax in a downturn – landlords, Y11
The Guardian
G7 agrees global rescue – agree to take all necessary steps, including adopting Britain’s plans to part-nationalise banks, front page
Banking crisis – p2-5
Interview with Kevin McCloud, Grand Designs, p29
Money
A-Z of building societies – how they are all fairing in the crunch, M3
Daily Express
Petrol ‘will fall to £1 a litre in days’, p2
City centre flats suffer fastest drop, Mouseprice.com, p32
The Independent
G7 pledges action to save banks, p2
Buy-to-let flats lose value fastest in property slump, mouseprice.com, p9
Business
Markets collapse again as credit logjam goes on, p51
Credit crisis rocks the world, p55
Money
Protect and survive in the global meltdown, p60-61
Long term investors will prosper, p67
Daily Mail
Worst week ever, front page
Traditional light bulbs to be banned from sale by 2010 – p. 25
RBS first in line for Treasury handout
SUNDAY
Sunday Times
IMF warns of global meltdown – markets could collapse by another 20%, p 1
How the rich beat stamp duty – ‘flipping’, p 7
State to save HBOS and RBS, p B1
5 days that shook the world – Crash of 2008, p B4-8
Move now to get the best offers before they disappear – Banks pull the best deals, p M3
Now’s the time to get spending - discounts keep getting bigger – RICS shows house prices are selling at 9% below the asking price – 12.5% is some regions, p m10
Sunday Telegraph
Ministers ready to control the banks, p 1,4,5 and all others
Bartering is making a comeback, p 8
Home truths to deal with threat of repossession, p M6
The Observer
Crash 4 page special, p 20 – 24
Thousands of new homes are at risk of being ‘down-valued’ by lenders making it harder for some purchases to go ahead – RICS, CML, T&C, p 17
Why there’s a great deal of confusion behind those house price headlines, p 17
Mail on Sunday
Grant Bovey’s (Anthea Turners husband) company Imagine Homes (buy to let business) fallen victim to credit crunch and has been taken over by HBOS, p 34
Half point cut in rates good news for millions of homeowners who will see their bills drop – Case Study James Staunton, p 75
The Independent
Seven days that shook the world (p8 and 9)
Is Gordon Brown cashing in on the markets crisis? Some say he’s using the meltdown to boost his image (p11)
The homes that the credit crunch can’t blow down (p94/95)