Papers
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Speculation is mounting that Bob Wigley might be preparing to leave Merrill Lynch after it emerged that the veteran banker is on the shortlist to become the next chairman of Prudential, The Telegraph reports.
28 July 2008
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JPMorgan, the US banking giant that rescued Bear Stearns earlier this year, has held talks with several interested parties about forming a consortium to break up HBOS, the UK's biggest mortgage lender which includes the Halifax brand, The Telegraph ...
25 July 2008
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Ontario Teachers' Pension Plan, one of Canada's largest pension funds, admitted late last night that it had made an approach to buy moneysupermarket.com but its proposal was rejected by the price comparison site, The Times reports.
24 July 2008
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The taxman believes up to 60,000 Britons could be caught by its ongoing offshore bank account probe, The Telegraph reports.
23 July 2008
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Business leaders have welcomed a government climbdown on the taxation of companies' foreign profits, but said that there was still more work to do before both sides could reach an agreement that would pave the way for a new tax policy, The Times reports....
22 July 2008
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Britain's economy is tipping headlong into a recession that could last more than a year and cost hundreds of thousands of jobs, warns Professor David Blanchflower, a member of the Bank of England's interest rate committee, in an interview with The Guardian...
21 July 2008
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The Government is expected to re-write its own rules on borrowing in order to avoid forcing up taxes, The Telegraph reports.
18 July 2008
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Ministers were facing demands last night to pay up to £4.5bn in compensation to investors who lost money in the Equitable Life scandal after a damning verdict from the parliamentary ombudsman, The Guardian reports.
17 July 2008
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The Office of Fair Trading (OFT) today threatened to report banks to the Competition Commission after finding that the current account market did not offer good value for customers, The Times reports.
16 July 2008
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Transactions in the housing market are at their lowest since the Royal Institution of Chartered Surveyors began surveying its members 30 years ago, The Guardian reports.
15 July 2008
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