Standard Life picks up a Marks and Sparks bargain say papers 4 April

Reed was ousted along with three other directors in November last year, while Standard Life has been looking for a replacement for John Hylands, whose departure is linked to the planned floatation of the mutual. ”Sandy Crombie, chief executive, was spotted with Ms Reed at London's Connaught restaurant last week and her appointment is expected to be confirmed in the next few days,” the Telegraph says. NEW ACCOUNTING RULES are set to take a £40bn slice out of the books of the UK’s biggest employers in order to cover pensions-related liabilities, says The Times FTSE 100 companies have...