Press round-up

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  • Sunday newspaper round-up: Stock market crash, Xstrata, Tesco
    05 Feb, 2012 17:25
    The London stock market could slump by as much as 30% - with financial shares collapsing by 60% - if the Eurozone debt crisis leads to a break-up of the single currency. The warning comes as Greece battles to reach a deal with creditors to write off €10

  • Friday newspaper round-up: Greece, UK economy, M&A
    03 Feb, 2012 07:11
    International debt inspectors believe they have found another €15bn (£12.5bn) black hole in Greece's public finances caused by the deepening recession, delivering the crippled nation another devastating blow. With pressure growing over talks with priva

  • Thursday newspaper round-up: Retail sector, Austerity, Lloyds
    02 Feb, 2012 06:48
    The former chairman of the fashion retailer New Look has said the high street is in an "death spiral" and has recommended re-classing empty shops for residential use. Phil Wrigley, the chairman of the retailer Majestic Wine, also criticised the recent rep

  • Wednesday newspaper round-up: BP, Argos, Stobart
    01 Feb, 2012 06:44
    The Ministry of Defence will no longer give UK companies priority over their foreign competitors when buying equipment and weapons for the armed forces.

  • Tuesday newspaper round-up: Eurozone, US savings, pork,IPOs
    31 Jan, 2012 07:04
    European leaders agreed on a permanent rescue fund for the Eurozone, and 25 out of 27 EU states backed a fiscal pact for stricter budget discipline in the Eurozone, while a deal on Greek debt is expected in "days". Only Britain and the Czech Republic refu

  • Monday newspaper round-up: RBS, mining companies, taxes
    30 Jan, 2012 07:06
    The chief executive of Royal Bank of Scotland last night bowed to mounting public anger and agreed to give up a £1m bonus. Stephen Hester's move emerged last night hours after it had been announced that Labour was to trigger a Commons vote on his controv

  • Sunday newspaper round-up: Tesco, Royal Dutch, Boeing
    29 Jan, 2012 13:14
    The richest college at the University of Cambridge, Trinity, has invested in the UK's largest retailer by acquiring a 50% stake in a portfolio of Tesco stores worth £440m. It is understood to be the first time the college has invested in supermarkets, al

  • Friday newspaper round-up: The City, emerging markets, Capital Shopping Centres
    27 Jan, 2012 07:00
    The Treasury will on Friday publish plans for a radical overhaul of financial regulation that will hand the Chancellor new powers to take charge in a crisis, rein in the might of the Bank of England, and provide extra protection for consumers. The new Fin

  • Thursday newspaper round-up: Portugal, Facebook, Taxes
    26 Jan, 2012 06:30
    The threat posed to the British economy from the Eurozone crisis was underlined on Wednesday when Portugal saw its borrowing costs soar to a record high amid market fears that the bailed-out country will not be able to break free of its financial crisis i

  • Wednesday newspaper round-up: BoE, Hungary, RBS
    25 Jan, 2012 07:01
    The Governor of the Bank of England urged against "despair" because "all crises come to an end" as official figures were expected to show that Britain is heading back to recession. Sir Mervyn King said that the economy faced an "arduous, long and uneven"

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