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Bank of England to detail £50bn plan  The bank is to announce details later of a plan to help prevent the credit crisis causing more damage to the UK banking system and economy Bank £50bn mortgage rescue plan

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London, Business Timeline Legend  
 Oil  Financial  Aviation Business  Stocks  Transportation
 Healthcare

Oil steady but further spikes feared


June 2008 ... more > Top ^

Jun. 17  
  Oil prices were steady after surging to fresh records but traders and consumers were bracing themselves for new highs



April 2008 ... more > Top ^

Apr.20  
Apr.18  
  The Bank of England will next week unveil a plan to swap government bonds for British banks' mortgages


March 2008 ... more > Top ^

Mar.29   T5 cancellations set to continue  Flight cancellations at the new Terminal of Heathrow Airport will continue well into next week Mar.28   Disruption at T5 enters third day  Passengers at Heathrow's new terminal face disruption for the 3rd day running, with flight cancellations due to continue through the weekend Mar.27 Delays, protests as Heathrow's T5 opens
  A protest by campaigners opposed to the expansion of the airport and luggage delivery delays have overshadowed the opening of Terminal 5
Mar.13 Queen set for Terminal 5 opening   Heathrow Airport's controversial Terminal is set to be opened in a ceremony involving hundreds of airport and construction workers

February 2008 ... more > Top ^

Feb.23 Airline in first biofuel flight   The Virgin Atlantic flight from London to Amsterdam, will not have any passengers on board

January 2008 ... more > Top ^

Jan.28   Global stocks plunge  European and Asian markets tumbled in the wake of Wall Street's sell-off amid persistent worries about a possible economic slowdown Jan.23   European shares take another hit  European stocks sustained heavy falls despite gains in Asia that followed 2 days of big losses and a hefty

year 2007 Top ^

Dec.12   UK welcomes world cash injection
  Prime Minister Brown has welcomed a joint plan by the US Federal Reserve and other central banks to help ease strains in financial markets Nov.20   Bank data of 25 millions missing
  Tax and customs service lost banking and personal data when 2 computer disks disappeared in an internal mail service Strike brings travel chaos Sep.20 Bank chief defends role in crisis   Bank of England governor has defended his handling of the Northern Rock crisis in a crucial appearance in front of a panel of MPs Sep.3   First outing for faster Eurostar    Paris: Eurostar is set to make its inaugural journey from Paris to London via a new 186mph high-speed line Aug.15 World markets continue to slide
  The FTSE-100 slid 0.6% France's CAC-40 declined 0.6% and Germany's DAX lost 0.5%. Asia, Tokyo and New Zealand closed at 9-month lows Aug.10   Central banks pour money into system  The U.S. Federal Reserve and European Central Bank pumped money into the banking system for a second day to ward off a global credit crisis Aug.1 Global stock markets take a dive

year 2006 Top ^

Oct.30 Warming 'may cause economic chaos'
  A top economist: Climate change could devastate the global economy on a scale of the 2 world wars
Oct.24 Reid outlines new EU work curbs Jul.26     Glaxo has bird flu 'breakthrough'  GlaxoSmithKline Plc: A vaccine for humans has proved effective in clinical tests and could be available in 2007

year 2005 Top ^

Dec.31 Strike by subway workers
Aug.11 Thousands stranded by air strike  At least 20,000 travelers remained stranded as British Airways canceled all its flights out of Heathrow Airport New Harry Potter book hits shops Jun.11 G8 ministers back Africa debt deal
  Finance ministers have agreed to cancel up to $55 billion worth of debt owed by the world's poorest nations


year 2003 Top ^

Oct.24   Last Concorde flights touch down  3 needle-nosed jets have touched down in London in a spectacular finale to the era of supersonic travel Sep.8 Security tight around arms fair Apr.9     Concorde services to end October  British Airways and Air France plan to stop the flights because they are not making enough money Feb.17 Congestion charge cuts traffic levels

year 2001 Top ^

Nov.7   Concorde back in business
   France: Air France Concorde, with 92 passengers took off from Paris for the flight to New York

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Security tight around arms fair Bank of England to detail £50bn plan  The bank is to announce details later of a plan to help prevent the credit crisis causing more damage to the UK banking system and economy Bank £50bn mortgage rescue plan




London, Business Military Business Timeline ... See World Military Business timeline Top ^
2003
Sep.8




London, Business Financial Timeline ... See World Financial timeline Top ^
2008
Apr.20
Apr.18
  The Bank of England will next week unveil a plan to swap government bonds for British banks' mortgages
2007 Dec.12 UK welcomes world cash injection
  Prime Minister Brown has welcomed a joint plan by the US Federal Reserve and other central banks to help ease strains in financial markets Nov.20 Bank data of 25 millions missing
  Tax and customs service lost banking and personal data when 2 computer disks disappeared in an internal mail service Sep.20 Bank chief defends role in crisis   Bank of England governor has defended his handling of the Northern Rock crisis in a crucial appearance in front of a panel of MPs Aug.10 Central banks pour money into system  The U.S. Federal Reserve and European Central Bank pumped money into the banking system for a second day to ward off a global credit crisis 2005 Jun.11 G8 ministers back Africa debt deal
  Finance ministers have agreed to cancel up to $55 billion worth of debt owed by the world's poorest nations




London, Business Aviation Business Timeline ... See World Aviation Business timeline Top ^
2008 Mar.29 T5 cancellations set to continue  Flight cancellations at the new Terminal of Heathrow Airport will continue well into next week Mar.28 Disruption at T5 enters third day  Passengers at Heathrow's new terminal face disruption for the 3rd day running, with flight cancellations due to continue through the weekend Mar.27 Delays, protests as Heathrow's T5 opens
  A protest by campaigners opposed to the expansion of the airport and luggage delivery delays have overshadowed the opening of Terminal 5
Mar.13 Queen set for Terminal 5 opening   Heathrow Airport's controversial Terminal is set to be opened in a ceremony involving hundreds of airport and construction workers Feb.23 Airline in first biofuel flight   The Virgin Atlantic flight from London to Amsterdam, will not have any passengers on board 2003 Oct.24   Last Concorde flights touch down  3 needle-nosed jets have touched down in London in a spectacular finale to the era of supersonic travel Apr.9   Concorde services to end October  British Airways and Air France plan to stop the flights because they are not making enough money 2001 Nov.7   Concorde back in business   France: Air France Concorde, with 92 passengers took off from Paris for the flight to New York



London, Business Transportation Timeline ... See World Transportation timeline Top ^
2007 Sep.3 First outing for faster Eurostar    Paris: Eurostar is set to make its inaugural journey from Paris to London via a new 186mph high-speed line 2003 Feb.17 Congestion charge cuts traffic levels



London, Business Healthcare Timeline ... See World Healthcare timeline Top ^
2006 Jul.26   Glaxo has bird flu 'breakthrough'  GlaxoSmithKline Plc: A vaccine for humans has proved effective in clinical tests and could be available in 2007



London, Business Stocks Timeline ... See World Stocks timeline Top ^
2008 Jan.28 Global stocks plunge  European and Asian markets tumbled in the wake of Wall Street's sell-off amid persistent worries about a possible economic slowdown Jan.23 European shares take another hit  European stocks sustained heavy falls despite gains in Asia that followed 2 days of big losses and a hefty 2007 Aug.15 World markets continue to slide  The FTSE-100 slid 0.6% France's CAC-40 declined 0.6% and Germany's DAX lost 0.5%. Asia, Tokyo and New Zealand closed at 9-month lows Aug.1 Global stock markets take a dive




London, Business Labor Conflict Timeline ... See World Labor Conflict timeline Top ^
2005 Dec.31 Strike by subway workers
Aug.11 Thousands stranded by air strike  At least 20,000 travelers remained stranded as British Airways canceled all its flights out of Heathrow Airport



London, Business Bad Economic News Timeline ... See World Bad Economic News timeline Top ^
2006 Oct.30 Warming 'may cause economic chaos'
  A top economist: Climate change could devastate the global economy on a scale of the 2 world wars




London, Business Oil Timeline ... See World Oil timeline Top ^
2008 Jun. 17 Oil steady but further spikes feared
  Oil prices were steady after surging to fresh records but traders and consumers were bracing themselves for new highs