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What the papers say
THE FT
CITI CRISIS DEEPENS AS SHARES FALL FURTHER
Citigroup's board was locked in talks yesterday in an attempt to halt a crisis of confidence in the troubled financial services group that has seen it lose more than half its market value over the past three days.
WOOLIES ON BRINK AS LENDERS FAIL TO COMMIT
Woolworths could fall into administration as early as next week after lenders failed to commit to funding a deal that would save the 99-year-old high street business.
BOO! HISS! BANKERS ARE THE NEW VILLAINS OF THE CHRISTMAS PANTO
Never mind wicked stepmothers, ugly sisters and evil witches. As London's pantomime season gets under way for the Christmas season, there is a new villain in town - the banker.
Money:
LENDERS LOWER MORTGAGE RATES, BUT RAISE HURDLES
Borrowers are having to meet tougher lending terms, just as the cost of mortgages has started to ease, as banks restrict their best deals to a shrinking pool of customers.
WEALTHY TO MISS TAX CUTS
Wealthy individuals could miss out on most of the tax cuts in the chancellor's pre-Budget report on Monday.