Businesses hit by huge bank charges (Independent)
High-street banks are continuing to hit businesses with punitive interest rates for loans and overdrafts and are resorting to more severe measures to ensure they are paid.

US rescues Citigroup (Times Online)
The U.S. Treasury has announced rescue plans for Citigroup after a weekend of talks about what to do to help the beleagured bank. The Treasury will invest $US20billion (£13.4billion) in return for preferred shares in the banking giant.

M&G, the asset management arm of UK insurer Prudential, is testing investor demand for a new fund offering loans to UK … (eFinancial News)
M&G, the asset management arm of UK insurer Prudential, is testing investor demand for a new fund offering loans to UK mid-cap companies hit by the collapse in bank lending.

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3. (AFX UK Focus) 2008-11-05 11:15 World Bank lends to Bulgaria to tackle poverty, jobless (Interactive Investor)
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