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    • Thank you again. I'm hoping it will come out in the wash and will endeavour to check my online account. I'm a bit unsettled by not hearing from Booking.com but the host is sounding helpful at the moment. HB
    • I've just remembered that a friend of mine had bookings cancelled on Booking.com about a month ago - and the good news is that all worked out in the wash. I'm at work now but will scribble properly in a couple of hours with the full tale.
    • Thank you Dave. I've had nothing from Booking.com, just a message via the site from the host. I know I need to check my bank account, just trying to resolve some technical issues. HB  
    • Which Court have you received the claim from ? Civil National Business Centre Name of the Claimant ? JC INTERNATIONAL AQUISITION How many defendant's  joint or self ? Self Date of issue – 22 May 2024  Particulars of Claim What is the claim for – 1. The def owes the claimant £300 in respect of gas and electricity charges supplied by OVO. 2. Debt was assigned to the claimant with notice given to the def. 3. Despite formal demand the def has failed to pay the debt and the claimant claims £300 and further claims interest pursuant to s69 of the CCA 1984. What is the total value of the claim? £385 Have you received prior notice of a claim being issued pursuant to paragraph 3 of the PAPDC (Pre Action Protocol) ? Yes   Have you changed your address since the time at which the debt referred to in the claim was allegedly incurred? No   Is the claim for - a Bank Account (Overdraft) or credit card or loan or catalogue or mobile phone account? Energy debt When did you enter into the original agreement before or after April 2007 ? After Do you recall how you entered into the agreement...On line /In branch/By post ? Moved home and they were the current energy supplier  Is the debt showing on your credit reference files (Experian/Equifax/Etc...) ? No Has the claim been issued by the original creditor or was the account assigned and it is the Debt purchaser who has issued the claim. Debt assigned to JC International Were you aware the account had been assigned – did you receive a Notice of Assignment? Not sure probably  Did you receive a Default Notice from the original creditor? Again can't remember but probably  Have you been receiving statutory notices headed “Notice of Sums in Arrears”  or " Notice of Arrears "– at least once a year ? No Why did you cease payments? Changed supplier What was the date of your last payment? Never  Was there a dispute with the original creditor that remains unresolved? No Did you communicate any financial problems to the original creditor and make any attempt to enter into a debt management plan? No
    • Their FAQs state - Cancellations and modifications If your booking has been cancelled, Booking.com refunds you immediately. The processing time may take 7 to 10 days and depends on your bank. If you have questions, contact your bank directly. I'm a regular Booking.com and AirBnB user.  The former have never cancelled.  The latter have and my money was refunded immediately (not that that helps you as we're not talking about AirBnB!) Best to check with your bank and see (a) if you did pay in advance and (b) if it has been refunded. Also, have you received a message from Booking.com officially stating the cancellation?
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    • Hello,

      On 15/1/24 booked appointment with Big Motoring World (BMW) to view a mini on 17/1/24 at 8pm at their Enfield dealership.  

      Car was dirty and test drive was two circuits of roundabout on entry to the showroom.  Was p/x my car and rushed by sales exec and a manager into buying the mini and a 3yr warranty that night, sale all wrapped up by 10pm.  They strongly advised me taking warranty out on car that age (2017) and confirmed it was honoured at over 500 UK registered garages.

      The next day, 18/1/24 noticed amber engine warning light on dashboard , immediately phoned BMW aftercare team to ask for it to be investigated asap at nearest garage to me. After 15 mins on hold was told only their 5 service centres across the UK can deal with car issues with earliest date for inspection in March ! Said I’m not happy with that given what sales team advised or driving car. Told an amber warning light only advisory so to drive with caution and call back when light goes red.

      I’m not happy to do this, drive the car or with the after care experience (a sign of further stresses to come) so want a refund and to return the car asap.

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    • We have finally managed to obtain the transcript of this case.

      The judge's reasoning is very useful and will certainly be helpful in any other cases relating to third-party rights where the customer has contracted with the courier company by using a broker.
      This is generally speaking the problem with using PackLink who are domiciled in Spain and very conveniently out of reach of the British justice system.

      Frankly I don't think that is any accident.

      One of the points that the judge made was that the customers contract with the broker specifically refers to the courier – and it is clear that the courier knows that they are acting for a third party. There is no need to name the third party. They just have to be recognisably part of a class of person – such as a sender or a recipient of the parcel.

      Please note that a recent case against UPS failed on exactly the same issue with the judge held that the Contracts (Rights of Third Parties) Act 1999 did not apply.

      We will be getting that transcript very soon. We will look at it and we will understand how the judge made such catastrophic mistakes. It was a very poor judgement.
      We will be recommending that people do include this adverse judgement in their bundle so that when they go to county court the judge will see both sides and see the arguments against this adverse judgement.
      Also, we will be to demonstrate to the judge that we are fair-minded and that we don't mind bringing everything to the attention of the judge even if it is against our own interests.
      This is good ethical practice.

      It would be very nice if the parcel delivery companies – including EVRi – practised this kind of thing as well.

       

      OT APPROVED, 365MC637, FAROOQ, EVRi, 12.07.23 (BRENT) - J v4.pdf
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The great interest rate rip off part 8


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If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

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If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

Breaking news

 

 

 

 

 

 

 

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

Fears raised over close ties between RBS and top accountant KPMG

 

14 June 2013 12:00 AM

Steer clear of KPMG executives in hunt to replace Hester and Hampton, bank told

 

 

 

HMV to return to its 1921 Oxford Street home

 

14 June 2013 02:27 PM

HMV is poised to return to its spiritual home in Oxford Street just two months after being rescued out of administration.

 

 

 

Public sector urged to step up funding help for small firms

 

14 June 2013 02:37 PM

Europe’s small and medium businesses have seen their cash flow dry up since the recession, a study said today. Banks are reducing lending and private investors are reluctant to step in, it found.

 

 

 

Polymetal's boss, Vitaly Nesis, predicts three-year wait for FTSE return

 

14 June 2013 12:00 AM

The chief executive of Polymetal International, the Russian gold producer which exits the FTSE 100 this month, has warned that it could take three years for it to re-enter the blue-chip index.

 

 

 

Computer code courses for children target global expansion

 

14 June 2013 12:00 AM

A Google-backed London start-up that teaches primary school children computer coding is expanding overseas after being flooded with requests to set up spin-offs across the world.

 

 

 

Phoenix buys Gym business

 

14 June 2013 12:00 AM

The private equity owner of the retailer LK Bennett has bought a low-cost gym operator in a deal that values the business at up to £90m.

 

 

 

Nigeria deal for Fastjet

 

14 June 2013 12:00 AM

Fastjet, the African budget airline backed by easyJet's founder, Stelios Haji-Ioannou, has agreed to create a low-cost airline operating within Nigeria and across Africa with Nigeria's Red 1 Airways.

 

 

 

TV rights firm DRG sold

 

14 June 2013 12:00 AM

Digital Rights Group, which owns the licensing rights to hit television shows such as Doc Martin and The Inbetweeners, has been sold for £13.2m to Modern Times, a Stockholm-based entertainment group.

 

 

 

WH Smith keeps up margins as Swann bows out

 

14 June 2013 12:00 AM

The last trading update from WH Smith's outgoing chief executive yesterday had a familiar ring to those throughout her 10-year tenure: sales fell but it touted continued progress made on profit margins.

 

 

 

Payouts to Mothercare's past and present bosses

 

14 June 2013 12:00 AM

The pay of the current and former chief executives of Mothercare was laid bare yesterday in the maternity specialist's annual report.

 

 

 

Atkins profits fall despite UK boost

 

14 June 2013 12:00 AM

WS Atkins, the 75-year-old engineering consultant that designed Oxford Circus's diagonal crossing, has seen annual pre-tax profits fall by nearly a quarter. It made £103.3m off a £1.7bn turnover.

 

 

 

New markets hope for luxury brand Mulberry

 

14 June 2013 12:00 AM

The luxury brand Mulberry is pinning its turnaround hopes on new markets in the Far East and US after reporting a 28 per cent slump in annual profits.

 

 

 

Laura Ashley fashion is frozen out

 

14 June 2013 12:00 AM

Laura Ashley has blamed the cold weather in March and April for weak fashion sales, which took the shine off a healthy performance from its home furnishings.

 

 

 

Plan to double easyJet passengers at Stansted

 

14 June 2013 12:00 AM

EasyJet plans to double its Stansted passengers over the next five years, the airport's new owner said yesterday.

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

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Share on other sites

14 June 2013 Last updated at 19:39

 

 

Pensioners' incomes 'rising fastest'_68160495_13eofdii.jpg

 

UK pensioners' incomes have risen faster than all other age groups in the last 30 years, a study shows, with the change called a "triumph of social policy".

 

 

_68172256_airbusa350%282%29.jpgAirbus A350 completes maiden flight

 

The newest aircraft from European planemaker Airbus, the A350, successfully completes its maiden flight from Toulouse.

 

 

 

_68183273_68183170.jpgIMF: US budget cuts 'ill-designed'

 

The IMF urges the US to repeal the huge federal budget cuts introduced this year under the sequester, denouncing them as "excessively rapid and ill-designed".

 

 

 

 

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

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Share on other sites

Secret Court Ruling Put Tech Companies in Data Bind

 

By CLAIRE CAIN MILLER 14 minutes ago

 

In 2008, a ruling by a surveillance court said to be against Yahoo discouraged technology firms from fighting data requests from the government.

 

Obama Seeks to Expand Airwaves for Wireless Use

 

By EDWARD WYATT 12:01 PM ET

 

The Obama administration said it would invest $100 million to free more of the nation’s airwaves for use by consumers in wireless broadband networks.

 

15iht-parisair1-thumbStandard.jpg

Airbus Unveils New Jet, and a Bet on Its Future

 

By NICOLA CLARK 11:59 AM ET

 

The flight of the A350-XWB, the first all-new commercial jet from Airbus in more than six years, was just in time for the biennial Paris Air Show, which opens Monday.

 

After Patent Ruling, Availability of Gene Tests Could Broaden

 

By ANDREW POLLACK

 

The Supreme Court’s decision in effect ends a nearly two-decade monopoly by Myriad Genetics on genes that correlate with increased risk of some cancers.

 

 

Bloomberg3-thumbStandard.jpg

Bloomberg Reporters’ Practices Become Crucial Issue for Company

 

By AMY CHOZICK

 

Many people claim the company encourages its news operation and business side to work together.

 

 

Detroit’s Creditors Asked to Accept Pennies on the Dollar

 

By STEVEN YACCINO 11:51 AM ET

 

The city’s emergency manager, Kevyn Orr, said sacrifices “from Wall Street and Main Street’ were necessary to save Detroit.

 

I.M.F. Urges Washington to Repeal ‘Ill-Designed’ Spending Cuts

 

By REUTERS 12:23 PM ET

 

The Fund forecast sluggish growth for the United States this year and urged the Federal Reserve to continue a bond-buying program through at least the end of the year.

 

DealBook

 

Singapore Censures 20 Banks Over Rates

 

By MARK SCOTT 11:01 AM ET

 

Financial institutions, including Bank of America and JPMorgan Chase, were found to have insufficient risk management and internal controls, which allowed some traders to try to alter rates.

 

Newshourjp2-thumbStandard.jpg

Venerable Format of ‘NewsHour’ Struggles With New Era of Media

 

By ELIZABETH JENSEN

 

Layoffs and a financial crisis have exposed tension at the long-running news program, with some calling for a major overhaul.

 

 

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

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Share on other sites

http://www.jdsupra.com/legalnews/bank-of-americas-senior-loan-collector-30147/

 

Attached is an affidavit of a senior loan collector for BOA that was filed in United States District Court for the District of Massachusetts under case number MDL 2193.

 

Simone Gordan stated the following under oath:

 

"Using the Bank of America computer systems I saw that hundreds of customers had made their required trial payments, sent the documents requested of them, but had not received permanent modifications. I also saw records showing that Bank of America employees have told people that documents had not been received when, in fact, the computer system showed that Bank of America had received the documents. This was consistent with the instructions my colleagues and I were given. We were told to lie to customers and claim that Bank of America had not received documents it had requested, and that it had not received trial payments (when in fact it had). We were told that admitting that the bank received documents would "open a can of worms" since the bank was required to underwrite a loan modification within 30 days of receiving those documents and it did not have sufficient underwriting staff to complete the underwriting in that time.... Site leaders regularly told us that the more we delayed the HAMP modification process, the more fees Bank of America would collect. We were regularly drilled that it was our job to maximize fees for the bank by fostering and extending the lay of the ... modification process by any means we could --- this included lying to customers. For example, we were instructed by our supervisors at Bank of America to delay modifications by telling homeowners who called in at their documents were "under review," when, in fact, there had been no review or any other work done on the file."

 

" Employees who were caught admitting that Bank of America had received financial documents or that the borrower was actually entitled to a permanent loan modification where discipline and often terminated without warning."

 

Still at least we can all rest assured no senior banker will ever be jailed. Corporate theft approved by the government.

 

Doing your job correctly will get you the sack. Nice.

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

Link to post
Share on other sites

Link to post
Share on other sites

Breaking news

 

 

 

 

 

 

 

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

Airbus's challenge to the Dreamliner gets off ground

 

15 June 2013 12:00 AM

The Airbus A350, Europe's answer to Boeing's Dreamliner, took to the air for the first time yesterday, making its maiden flight out of Toulouse where it is assembled.

 

 

 

SFO unable to reveal all its evidence to fight Tchenguiz damage claims

 

15 June 2013 12:00 AM

The Serious Fraud Office has admitted that it may not be able to produce all the evidence it would like to use in its defence against £300m in damages claims from the property tycoon Tchenguiz brothers.

 

 

 

Singapore punishes RBS and others for rate manipulation

 

15 June 2013 12:00 AM

Royal Bank of Scotland was yesterday among 20 banks punished by Singapore's central bank for trying to manipulate benchmark borrowing and currency rates.

 

 

 

Chuggington is on the right lines for Ludorum

 

15 June 2013 12:00 AM

Move over, Thomas the Tank Engine – rival children's TV show Chuggington has not given up on its journey to conquer the world and become "the premier evergreen pre-school global train property".

 

 

 

Stella McCartney switches from L'Oréal to P&G

 

15 June 2013 12:00 AM

Expect no more air-kissing between Stella McCartney and L'Oréal boss Jean-Paul Agon.

 

 

 

BoE policymaker warns against complacency on price rises

 

15 June 2013 12:00 AM

The senior Bank of England monetary policymaker Ian McCafferty has admitted that it is "easy" to see why people might think that the Bank has become tolerant of higher inflation.

 

 

 

European floods set to cost Allianz €350m

 

15 June 2013 12:00 AM

Allianz, the German insurer which employs more than 4,000 people in the UK, said it expects floods across central Europe to cost it about €350m (£298m).

 

 

 

Protest over pay hits Morrisons

 

15 June 2013 12:00 AM

Morrisons suffered a minor rebellion from shareholders over executive pay at its annual meeting, following a drop in its annual profits.

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

Tax transparency deal risks scoring 'own goal' for Britain

 

tax-transparency_2591311g.jpg

A deal between the Government and the UK’s Overseas Territories and Crown dependencies to create a register of offshore companies risks scoring an “own goal” for Britain.

Comments

We'll cut taxes so companies move to Britain, says David Cameron

 

 

Anti-G8 march takes place in Belfast

 

 

Tesco stops using Bangladesh factory

 

tesco_2584551g.jpg

Tesco, Britain's biggest retailer, has stopped sourcing clothes from a factory in Bangladesh after discovering serious problems with the safety of the site.

Comments

 

Tucker will be a 'huge loss' for the BoE

 

tucker_1805588g.jpg

Paul Tucker, who missed on the top job at the Bank of England, will be a "huge loss" when he leaves his post as Deputy Governor in the autumn, according to analysts.

Who could replace Paul Tucker at the Bank of England?

 

 

Paul Tucker: the unsung hero of Threadneedle Street

 

 

Business news and markets: as it happened - 14 June, 2013

 

 

 

Plan for 'simpler’ energy tariffs in disarray

 

gas_2591045g.jpg

Plans to simplify energy tariffs are in disarray after ministers said they were considering a proposal by EDF Energy that is opposed by the regulator Ofgem and other suppliers.

Comments

Fracking 'will mean lower energy bills'

 

 

 

Tesco gets green light for 'Portas town' store

 

maryportas_2590406g.jpg

The Secretary of State Eric Pickles has given Tesco the green light for an 82,000 sq ft development, sparking anger on social media websites.

Comments

 

Sky matches BT with free broadband

 

sky_1802096g.jpg

Sky to offer free broadband to millions of customers on Sports TV packages, marking latest salvo in BT battle.

UK lets Deutsche Bahn use Tunnel

 

Tunnel_2590847g.jpg

British and French authorities grant German train operator right to run passenger services through Channel Tunnel.

Comments

 

RBS dealt fresh blow by Singaporean regulator

 

The Royal Bank of Scotland has been dealt a fresh blow after Singapore’s financial regulator ruled some of its traders attempted to manipulate inter-bank rates.

Comments

 

Britain set to pip France in carmaking

 

 

 

 

Tullow Oil wins Uganda tax dispute

 

 

 

 

An export culture shock needs to begin at the G8

 

A lesson from the Fed about the pitfalls of easy money

 

bernanke_2590902g.jpg

Ben Bernanke looks like a man who chooses his words carefully.

Comments

Jeremy Warner predicts asset classes

 

houses_2589500g.jpg

What does the future hold for the five main asset classes – sovereign bonds, equities, property, commodities and sterling?

Comments

 

Tucker’s downfall? Too old-school

 

tucker_2590894g.jpg

The Chancellor wanted someone in the top job who was going to shake up the Bank of England.

Comments

 

Who could replace Paul Tucker at the Bank of England?

 

bank_2318667g.jpg

As Paul Tucker announces his decision to step down as deputy governor of the Bank of England, The Telegraph suggests some potential names for his replacement.

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

U.S. Pushes Agencies to Free Up Spectrum

 

By EDWARD WYATT

 

 

The government said it would invest $40 million in the next year and $60 million more over the next five years to find ways to share lightly used airwaves.

 

 

 

Spectrum1-sfSpan.jpg

Michael Nagle for The New York Times

 

Jessica Rosenworcel of the F.C.C.

 

 

 

 

 

 

Nuke1-thumbStandard-v2.jpg

Nuclear Plants, Old and Uncompetitive, Are Closing Earlier Than Expected

 

By MATTHEW L. WALD

 

Even reactors still licensed to operate may close, because the price of the electricity they generate doesn’t warrant costly repairs and maintenance.

 

07coal-ss-slide-PD9F-thumbStandard.jpg

Coal Industry Pins Hopes on Exports as U.S. Market Shrinks

 

By CLIFFORD KRAUSS

 

Environmental worries complicate an energy company’s plan to mine an Indian tribe’s large deposit of coal and ship it to Asia.

 

 

Novelties

 

16-NOVEL3-thumbStandard.jpg

A Wearable Alert to Head Injuries in Sports

 

By ANNE EISENBERG 12:54 PM ET

 

New devices can warn the sidelines when an athlete has taken a potentially serious hit to the head.

 

Bits Blog

 

15bits-facebook-data-thumbStandard.jpg

Facebook Discloses Basic Data on Law-Enforcement Requests

 

By VINDU GOEL 10:24 AM ET

 

The social network said it received 9,000 to 10,000 requests for data from American law enforcement authorities in the second half of 2012.

 

 

DealBook

 

Hospital1-thumbStandard.jpg

Talk of Takeover Grows at Health Management Hospital Group

 

By JULIE CRESWELL and REED ABELSON

 

The chief executive of Health Management Associates is planning to depart, and speculation about a possible sale has sent the company’s stock higher.

 

European Ministers Clear Trade Deal

 

By JAMES KANTER

 

A major sticking point — France’s demand to exclude films, TV shows and other audiovisual services from talks — could prompt the United States to require exclusions of its own.

 

The Boss

 

16-BOSS-thumbStandard.jpg

Charles Bengochea of HoneyBaked Ham, Carving a Career

 

By CHARLES BENGOCHEA 1:35 PM ET

 

The C.E.O. of the Original HoneyBaked Ham Company of Georgia describes its expansion since the recession — and his own competition in triathlons.

 

sub-dog-Unanue-obit-thumbStandard.jpg

Joseph A. Unanue, Former Chief Executive of Goya Foods, Dies at 88

 

By SUSANNE CRAIG

 

Mr. Unanue is credited with coining the company’s well-known advertising slogan, “Goya — oh boya!”

 

 

 

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

Orders for big jets make a splash in Paris | btn_rel_video.gif

 

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Monte Paschi says govt asked it to scrap voting-rights limit

 

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EU tax chief urges Swiss to end bank secrecy

 

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EU to approve ICE's $8.2 billion NYSE buy without conditions - sources

 

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Analysis - European cloud computing firms see silver lining in Prism scandal

 

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Britain wins safeguard in EU market rules deal

 

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UAE revives bourse merger proposal after huge aluminium deal - sources

 

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Johnson & Johnson to buy Aragon for up to $1 billion

 

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Lufthansa confirms $10.4 billion order for Airbus A320s

 

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Slovenian bank cleanup may be delayed over EU audit demand

 

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Private equity exits hit by economic uncertainty

 

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Chinese govt buys more shares in top banks

 

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UK 12:13pm BST

 

Co-op to hive off toxic loans into 'bad bank'

 

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FTSE recovers, supported by technicals

 

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Spain's power industry overhaul to hit companies, banks

 

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AIRSHOW-Embraer to announce SkyWest, ILFC orders - source

 

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Brazil's Embraer pushes E-Jets deeper into Bombardier turf

 

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Boeing executive sees 100-200 international tanker sales

 

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Royalty hostile bid for Elan in doubt after vote

 

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Banks line up 1.26 billion pounds of debt for Ceramtec buyout

 

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SkyMark Airlines says to order Boeing 737 MAX planes

 

Japan 11:02am BST

 

German economic growth likely to slow over the summer - Bundesbank

 

11:02am BST

 

Finance sector sees lowest risk of turmoil since 2008 - central bank survey

 

UK, 10:57am BST

 

Smiths Group names ex-3M CEO George Buckley as its new chairman

 

10:52am BST

 

Doric unveils $8 billion Airbus A380 order

 

10:46am BST

 

Airbus may get $8 billion Airbus A380 order

 

10:10am BST

 

ILFC confirms $5 billion Airbus A320neo order

 

9:46am BST

 

TUI Travel confirms order for 60 Boeing 737MAX

 

9:22am BST

 

Telefonica denies report of $93 billion offer from AT&T

 

Spain 8:45am BST

 

ABB names replacement for departing CEO

 

7:00am BST

 

Asian shares reverse losses, capped before Fed meeting

 

4:18am BST

 

Aerojet Rocketdyne sees 10-year savings of $1 billion

 

Aerospace & Defence 12:36am BST

 

Barriers to homeownership dividing Britain, youth say - survey

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

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Cheap foreign loans spur India's outbound M&A march

 

16 Jun 2013

 

Analysis - Japan PM Abe's true test; rising government bond yields

 

Japan 16 Jun 2013

 

Samsung analysts ask hard questions as S4 marketing charm wears off

 

16 Jun 2013

 

Sikorsky sees good prospects in global helicopter market

 

Aerospace & Defence 16 Jun 2013

 

GM expands SUV recall to 480,000 for fire risk

 

16 Jun 2013

 

ILFC to place $5 billion order for 50 Airbus jets - sources

 

16 Jun 2013

 

Jet engine makers battle over performance

 

Aerospace & Defence 16 Jun 2013

 

TeliaSonera picks Vodacom executive as new CEO - source

 

16 Jun 2013

 

Resource companies ripping off Africa - AfDB chief

 

Africa 16 Jun 2013

 

Hoping for clarity not confusion from Bernanke

 

16 Jun 2013

 

Brookfield to sell assets to Weyerhaeuser, KapStone for $3.68 billion

 

16 Jun 2013

 

Brazil's Embraer faces high expectations for new E-Jets

 

Aerospace & Defence 16 Jun 2013

 

French government backs France Telecom CEO to stay - media

 

16 Jun 2013

 

Boeing to launch 787-10 with $30 billion order haul

 

Aerospace & Defence 16 Jun 2013

 

French Socialists call for weaker euro, eased EU budget rules

 

16 Jun 2013

 

Pratt sees deal for F-35 engines in next 30 days

 

16 Jun 2013

 

Boeing's Conner says battery didn't slow other programs

 

Aerospace & Defence 16 Jun 2013

 

European defence companies call for European drone programme

 

Aerospace & Defence 16 Jun 2013

 

Jet engine makers CFM, Pratt battle over performance

 

Aerospace & Defence 16 Jun 2013

 

GenCorp's Aerojet: Rocketdyne deal to save U.S. $1 billion

 

16 Jun 2013

 

Saudi Aramco-Dow JV raises funding for $19 billion project - sources

 

16 Jun 2013

 

Bumi lines up ex-BP executive John Manzoni as chairman - source

 

16 Jun 2013

 

Diageo's Walsh to chair caterer Compass - newspaper

 

Tennis 16 Jun 2013

 

Rockwood agrees 1.49 billion euro CeramTec sale to Cinven

 

16 Jun 2013

 

Qatar tightens caps on banks' securities investment

 

16 Jun 2013

 

Analysis - Fed-induced selloff has investors hunting for bargains

 

16 Jun 2013

 

Pratt sees deal for F-35 engines in next 30 days

 

16 Jun 2013

 

BA set to order 10 Boeing 787-10s - newspaper

 

16 Jun 2013

 

Zimbabwe's Mugabe says rivals scared of 'sure' defeat

 

Africa 16 Jun 2013

 

Mediobanca to announce ready to sever ties with holdings - source

 

16 Jun 2013

 

Co-op Bank to agree package to plug capital hole - source

 

16 Jun 2013

 

Analysis - Why bankrupt W.R. Grace is thriving

 

16 Jun 2013

 

From the ashes of Webvan, Amazon builds a grocery business

 

16 Jun 2013

 

EADS boss Enders rules out new attempt to merge with BAE

 

16 Jun 2013

 

Insight - Withdrawal syndrome sparks anxiety for Fed

 

16 Jun 2013

 

Pratt & Whitney says engine orders to rise 'substantially'

 

16 Jun 2013

 

Thailand's boom: To the northeast, the spoils

 

16 Jun 2013

 

Google's Project Loon explores balloon-powered Internet access

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

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Pay crackdown could see EDF drawn into summer of strikes

 

17 June 2013 12:55 AM

The French energy giant EDF is set for a showdown with British unions over pay for more than 5,000 workers at its money-spinning power stations, in a dispute that could lead to strikes.

 

 

 

Legal & General goes for insider as FD to appease City watchdog

 

17 June 2013 01:57 PM

Legal & General has ended its year-long search for a new finance director, having had its original choice blocked by the City regulator.

 

 

 

Sir George Buckley to chair FTSE 100 engineer Smiths Group

 

17 June 2013 01:56 PM

Sir George Buckley, the British industrialist who until last year headed the US conglomerate 3M, will return to the UK corporate spotlight as the new chairman of FTSE 100 engineer Smiths Group.

 

 

 

'Quiet Assassin' Bolton to quit after China fund flop

 

17 June 2013 01:52 PM

Anthony Bolton, one of Britain’s best-known fund managers, is to retire after failing to crack the Chinese market.

 

 

 

Co-op Bank strikes deal to fill £1.5bn black hole

 

17 June 2013 01:51 PM

Co-operative Bank today secured a deal with regulators to address the £1.5 billion hole in its balance sheet without any injection of cash from the taxpayer.

 

 

 

weco-op.jpg

Troubled Co-operative Bank unveils rescue plan to plug £1.5bn hole in balance sheet

 

17 June 2013 11:50 AM

No taxpayers' money will be involved in the rescue

 

 

 

Co-op saved, but banks face shake-up in pivotal week

 

17 June 2013 12:55 AM

The Co-operative Bank will this week announce a plan to fill a £1.5bn hole in its finances, just as the Parliamentary Commission on Banking Standards recommends new powers to break up struggling banks.

 

 

 

Private equity firms suffer as deals fall in downturn

 

17 June 2013 12:55 AM

Private equity firms sold fewer European businesses last year, reflecting the "volatile" economic climate and the unwillingness of banks to provide debt financing for deals, according to the accountancy firm Ernst & Young.

 

 

 

Sales of English wine are sparkling for Majestic

 

17 June 2013 01:58 PM

Sales of English sparkling wine more than trebled at Majestic last year after their showcasing at the 2012 Olympics and the Queen’s Diamond Jubilee.

 

 

 

What The Sunday Papers Said

 

17 June 2013 12:55 AM

The Independent on Sunday: Tougher punishments expected for bankers

 

 

 

From Smirnoff to strawberries: Walsh lands new role has Compass chairmanship on the menu

 

17 June 2013 12:55 AM

Paul Walsh, the mastermind behind the global expansion of the Smirnoff and Johnnie Walker maker Diageo, is expected to take the chair at the caterer Compass as he retires from the drinks giant next year.

 

 

 

Advisers cut fees to gain work from fundraisers

 

17 June 2013 12:55 AM

Tough competition among financial advisers in the City has been laid bare by data showing that the cost of entering London's junior stock market has dropped for the first time in seven years.

 

 

 

Ejected Polymetal in Moscow listing

 

16 June 2013 12:00 AM

Polymetal International, the Russian gold producer that is set to be ejected from the elite FTSE 100 this month, will start trading shares in Moscow tomorrow as it shores up its investor base.

 

 

 

Pay packets to take a hit as inflation is expected to rise again

 

16 June 2013 12:00 AM

Inflation is expected to increase this week, dealing a blow to hopes that a moderation cost of living rises would help to support an economic recovery.

 

 

 

Rivalry makes us stronger, says Boeing boss

 

16 June 2013 12:00 AM

The often vicious trade battle between Airbus maker EADS and rival Boeing has helped cement their position as a duopoly, says the US giant's chief executive.

 

 

 

Parliamentary Standards Commission makes call to get tough with the bankers

 

16 June 2013 12:00 AM

Group demands fines and bans for those who behave negligently

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

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17 June 2013 Last updated at 13:47

 

 

Co-op Bank unveils rescue plan_68208573_017950350-1.jpg

 

The Co-operative Bank has secured a deal with regulators to tackle a £1.5bn hole in its balance sheet, which will turn bonds into shares.

 

 

_68212330_apple.jpgApple discloses US data requests

 

Apple publishes details about data requests from US officials following revelations about the Prism surveillance programme.

 

 

 

_68212124_tv018282441.jpgGoogle to tackle child abuse images

 

Google has announced a plan to do more to tackle online images depicting the sexual abuse of children.

 

 

 

 

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

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Share on other sites

Breaking news

 

 

 

 

 

 

 

 

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

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Share on other sites

Co-op Bank faces nationalisation if junior bondholders reject 'haircut'

 

coop-bank_2592408g.jpg

The Co-operative Bank's rescue recapitalisation needs the support of £1.05bn – or around 80pc – of the holders of £1.3bn of its junior debt or the lender could end up being nationalised.

Comment

Co-op bonds: am I going to lose money?

 

 

Will Co-op customers fall out with a newly-listed bank?

 

 

Co-op rescue depends on threat of nationalisation

 

 

Pensioners face huge losses from Co-operative Bank rescue

 

 

Elan investors clear buy back in blow to Royalty

 

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Shareholders of Irish drugmaker Elan have approved a share buyback at a meeting on Monday, meaning Royalty Pharma's hostile bid for the Irish drug firm will lapse unless a legal challenge it has mounted succeeds.

Comment

 

Fallen Fidelity star Anthony Bolton retires

 

bolton_2199145g.jpg

Anthony Bolton, the veteran Fidelity fund manager, has retired after failing to beat the China market.

20 Comments

 

Porsche family buys back 10pc stake from Qatar

 

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Descendants of the German car pioneer Ferdinand Porsche have bought back a 10pc stake in the company that bears the family name from Qatar Holding, the investment arm of the Gulf State’s sovereign wealth fund.

Comment

 

City worried by 'Tobin tax', finds BoE survey

 

London_2541334g.jpg

Red tape and taxes pose a risk to Britain's financial system, with plans to introduce a levy on financial transactions being a particuar concern, according a survey by the Bank of England.

3 Comments

 

Majestic Wine helped by taste for fine wine

 

majestic-wine_1656970g.jpg

British bubbly and fine wines should drive summer sales at Majestic Wine, as strong trading in more expensive bottles helped offset a slow start to the year.

Comment

 

Average UK house price hits £250,000

 

rightmove_1013919g.jpg

House sellers' average asking prices have broken through the quarter of a million pounds milestone for the first time driven by a wider upturn in the housing market acros the country.

35 Comments

 

Government should lead on tax - Google

 

Eric Schmidt, the executive chairman of Google, has stressed that it is up to governments to set clear rules on corporation tax.

2 Comments

 

UK 'should not rely on French for nuclear'

 

 

 

 

Wealthy Brits amass fortune through entrepreneurship rather than inheritance

 

wallet_2590634g.jpg

Nearly half of Britain's wealthiest people made their money through entrepreneurship rather than inheritance, according to a report by Barclays.

Comment

Business news and markets: live

 

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Cracking down on global tax avoidance tops the agenda at the two-day G8 summit which kicks off today in Northern Ireland.

Economy to pick up as spending rises

 

high-street_2585515g.jpg

A further pick-up in the economy is in prospect with business confidence rising, consumer spending growing and pressure on household finances easing, according to survey data.

7 Comments

 

Week ahead: June 17 - 21

 

BA_1818221g.jpg

Aviation giant International Airlines Group (IAG) will hold its annual shareholders' meeting on Thursday in Madrid amid continuing questions over the decision in 2011 to merge British Airways with the heavily loss-making Spanish airline, Iberia.

 

A listed Co-op will lose its unique selling point

 

Co-op rescue depends on threat of nationalisation

 

Sadly, politicians are bad at running banks

 

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

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Share on other sites

Taper Tantrum The Times’s David Gillen on market gyrations as Wall Street and world economies tries to guess when the Federal Reserve will slow, or taper, its extraordinary measures to bolster the economy.

LinkedIn Builds Its Publishing Presence

 

By LESLIE KAUFMAN 15 minutes ago

 

 

LinkedIn’s Influencers program, which consists of people in leadership positions posting about their lives and careers, has transformed viewer engagement on the site, its chief executive said.

 

 

 

17linkedin-sfSpan.jpg

Hiroko Masuike/The New York Times

 

Daniel Roth, executive editor of LinkedIn, at the company's offices in the Empire State Building in New York.

 

 

 

 

 

 

DealBook

 

Activist Investor Calls for Breakup of Smithfield Foods

 

By MICHAEL J. DE LA MERCED 8:32 AM ET

 

The fund, Starboard Value, wrote in a letter to the board of Smithfield Foods that it believed the company was worth much more separately, rather than sold whole to Shuanghui International of China for $34 a share.

 

Bits Blog

 

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Apple Releases Some Data on Government Requests

 

By BRIAN X. CHEN 9:02 AM ET

 

After reports of technology companies cooperating with government surveillance efforts, Apple disclosed information about how it uses data from its online services.

 

 

Doric Unveils $8 Billion Airbus A380 Order

 

By REUTERS 5:47 AM ET

 

The German financier Doric Asset Finance said that it had signed a memorandum of understanding to buy 20 Airbus A380’s.

 

 

DreamWorks and Netflix in Deal for New TV Programs

 

By BROOKS BARNES 7:18 AM ET

 

DreamWorks Animation will supply Netflix with a torrent of new episodic TV programs inspired by characters from past DreamWorks franchises, which include “Shrek” and “The Croods.”

 

Choice of Health Plans to Vary Sharply From State to State

 

By REED ABELSON

 

Some states have attracted an array of insurers for their exchanges, while options in other states may be limited.

 

 

Markets Rise on Hopes of Assurance From Fed

 

By REUTERS 48 minutes ago

 

Wall Street indexes rose as traders focused on expectations that the Federal Reserve will reinforce its commitment to supporting the economic recovery.

 

The Education Revolution

 

17chinagrad-thumbStandard-v2.jpg

Faltering Economy in China Dims Job Prospects for Graduates

 

By KEITH BRADSHER and SUE-LIN WONG

 

Graduating seniors say that few are finding jobs — and some offers extended over the winter are being rescinded — as the Chinese economy falters.

 

 

 

 

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

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Share on other sites

Breaking news

 

 

 

 

 

 

 

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

New banker bonus boom: Payouts leapt 64% to new record when Osborne cut top-rate tax to 45p in April

 

19 June 2013 07:29 PM

Disclosure provokes anger with Labour accusing David Cameron of giving a 'massive tax cut' to millionaires

 

 

Crackdown on political meddling in City watchdogs

 

19 June 2013 12:00 AM

Ministers should be held to account by Governor, banking report recommends

 

 

 

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Jobless youth of Europe may be ‘scarred for life,’ says José Manuel Barroso

 

19 June 2013 06:25 PM

Head of EU Commission says policies need to be agreed by member states to stimulate employment

 

 

 

Carolyn-McCall.jpg

Number of female executives at FTSE 100 companies is falling despite efforts to boost women in industry

 

19 June 2013 01:46 PM

Female Tory MPs call on major call on major firms to publish detailed information on how many women they employ

 

 

 

City welcomes bank reforms but warns of resistance

 

19 June 2013 01:42 PM

The City today welcomed plans to overhaul Britain’s banks but warned they could be resisted by the country’s largest lenders.

 

 

 

QE hopes raised for Carney despite final defeat for Sir Mervyn

 

19 June 2013 01:37 PM

Outgoing Bank of England Governor Sir Mervyn King tasted defeat in his last bid to spur on the UK economy but successor Mark Carney may yet win support for a return to the printing presses, it emerged today.

 

 

 

IanLivingston.jpg

BT chief Ian Livingston quits to take on role as Government trade minister

 

19 June 2013 04:00 PM

Former chairman and chief executive of HSBC Lord Green to stand down

 

 

 

Chinese company Dalian Wanda buys UK yacht maker Sunseeker

 

19 June 2013 11:38 AM

Chinese tycoon Wang Jianlin liked his Sunseeker yacht so much that today he bought the company.

 

 

 

Shell 'uses sabotage claims to avoid blame for Nigeria oil spills'

 

19 June 2013 12:00 AM

Shell's persistent claims that theft and sabotage are responsible for almost all the oil spills at its operation in Nigeria could have been exaggerated, an international watchdog has found.

 

 

 

Margate residents appeal against giant new Tesco

 

19 June 2013 07:44 PM

Retail expert Mary Portas 'devastated' by the decision to give the store the go-ahead

 

 

 

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CBI chief John Cridland says careers advice in schools leaves too few youngsters equipped for work

 

19 June 2013 03:20 PM

'The jump from school or college to work is getting bigger year-by-year, decade-by-decade'

 

 

 

Berkeley founder Tony Pidgley buys £11m flat amid dividend cheer

 

19 June 2013 01:52 PM

Berkeley founder Tony Pidgley is spending £10.5 million on one of the developer’s own luxury apartments in Belgravia, it was revealed today.

 

 

 

News Corp wobbles on stock market debut

 

19 June 2013 01:44 PM

News Corp, the spun-off publishing arm of Rupert Murdoch’s media empire, got off to a shaky start today on its stock market debut as the shares fell 3 per cent in Sydney.

 

 

 

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BT vs Sky: Ofcom launches investigation into BSkyB's alleged refusal to share Sky Sports channels on 'fair terms' with rival

 

19 June 2013 01:06 PM

BT wants to offer Sky Sports via YouView set-top boxes but says terms on offer are an abuse of Sky's market dominance

 

 

 

Ryanair to create over 3,000 jobs after spending £10bn on planes

 

19 June 2013 11:46 AM

Low-fare airline Ryanair confirmed today it would be buying around £10 billion-worth of new planes in a move that will create more than 3,000 jobs.

 

 

 

Hedge fund big-hitter Loeb ups Sony stake as he targets entertainment arm spin-off

 

19 June 2013 12:00 AM

The billionaire investor Dan Loeb has increased pressure on Sony's board by lifting his stake in the electronics group to 7 per cent.

 

 

 

EasyJet's Sir Stelios angry over fleet upgrade

 

19 June 2013 12:00 AM

EasyJet has finally sealed a deal to buy 135 jets worth about $13bn (£8bn) from Airbus, sparking a fresh battle with its founder and biggest shareholder, Sir Stelios Haji-Ioannou.

 

 

 

Crest looks to build on success – and avoid bubble

 

19 June 2013 12:00 AM

Crest Nicholson has played down fears of a new boom in property prices in its maiden results since a triumphant return to public markets in February.

 

 

 

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Bank set to miss inflation target just as Mark Carney becomes governor post

 

19 June 2013 12:00 AM

Mark Carney, the incoming Governor of the Bank of England, could be forced to write to the Chancellor to explain away high inflation within days of starting his new job after a jump in the cost of living last month.

 

 

 

Ruined crops trigger near 20 per cent price leap

 

19 June 2013 12:00 AM

Britain's coldest spring for more than 50 years has sent the cost of home-grown crops surging to their highest level since August 2008, figures showed yesterday.

 

 

 

New York regulators fine Deloitte $10m over StanChart

 

19 June 2013 12:00 AM

The consulting and accounting giant Deloitte received a sharp slap on the wrists from officials in New York state yesterday, with one of its arms agreeing to pay a $10m fine and accepting a one-year ban from providing consulting work to financial institutions overseen by state regulators after its work for Standard Chartered on money-laundering issues was found wanting.

 

 

 

The £1m pay cut: City high-flier leaves Santander for Bank of England post

 

19 June 2013 12:00 AM

The City grandee Baroness Hogg's high-flying banker daughter Charlotte has taken a £1m pay cut to become the new Bank of England Governor's top enforcer.

 

 

 

We were not leaned on over branch sale, says Lloyds

 

19 June 2013 12:00 AM

The bosses of Lloyds Banking Group have denied that they were told by politicians to favour the sale of more than 600 branches to the Co-op over rival bidders.

 

 

 

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Bankers could face jail after report urges the Government to introduce new criminal offence for reckless management

 

19 June 2013 05:30 PM

Tougher punishments proposed to prevent another banking crisis

 

 

 

'Jail reckless bankers': Report urges the Government to introduce new criminal offence for reckless management

 

19 June 2013 10:12 AM

Commission also recommends giving regulators the power to defer bonuses for 10 years under plans to stamp out excessive pay practices

 

 

 

Aspen to acquire Glaxo thrombosis drugs

 

19 June 2013 12:00 AM

GlaxoSmithKline has received a bid approach for its thrombosis drug brands Arixtra and Fraxiparine, which last year bought in sales of more than £400m.

 

 

 

Qinetiq dives into red but boss gets £1.7m

 

19 June 2013 12:00 AM

The chief executive of Qinetiq pocketed £1.7m in pay and bonuses last year, a 13 per cent rise on the previous year, despite the defence technology company slumping to a £137m pre-tax loss in the period.

 

 

 

Boost from Americas to spark Aggreko

 

19 June 2013 12:00 AM

Aggreko, the FTSE 100 generators giant, yesterday said that strength in the Americas would see revenues grow 5 per cent during the first half of the year, but trading profit for the six months will still be in line with last year's £159m.

 

 

 

Bid war looms over Germany's Kabel

 

19 June 2013 12:00 AM

Shares in the German telecoms company Kabel Deutschland jumped nearly 4 per cent yesterday on the prospect of a €7.5bn (£6.4bn) bidding war after US giant Liberty Global entered the fray against Vodafone.

 

 

 

UK defies European car sales downturn

 

19 June 2013 12:00 AM

UK drivers are still splashing out on new vehicles but Europe's car market suffered its worst May for 20 years.

 

 

 

US pullout is drag on Chemring

 

19 June 2013 12:00 AM

Chemring, the maker of systems that help the army detect and safely blow up roadside bombs, has slipped into the red as the US withdraws from Afghanistan.

 

 

 

Costa sets up a 'flying start' at Whitbread

 

19 June 2013 12:00 AM

Whitbread has got off to a "flying start" in the new financial year, according to the chief executive of Britain's biggest hotel and restaurant group, Andy Harrison.

 

 

 

Libor scandal: ex-UBS trader Tom Hayes is charged by fraud office

 

18 June 2013 12:30 PM

A former UBS trader was today charged with offences of conspiracy to defraud in connection with the investigation by the Serious Fraud Office into the manipulation of the Libor interbank lending rate.

 

 

 

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Lloyds denies Co-op deal pressure

 

18 June 2013 12:14 PM

Lloyds Banking Group bosses denied political pressure to accept the Co-operative Bank's ill-fated £700 million bid for its branches today, insisting they acted in the best interests of shareholders.

 

 

 

Budget airline easyJet plans Airbus fleet upgrade

 

18 June 2013 11:12 AM

New 180-seater A320 planes will allow no-frills carrier to boost the number of passengers it can carry from 60 million a year to around 90 million

 

 

 

MP poised to launch Bill curbing payday lenders' 'rip-off practices'

 

18 June 2013 12:00 AM

A Labour MP is introducing a Private Member's Bill this week to protect people from payday lenders.

 

 

 

Review into high street attacks Portas plan

 

18 June 2013 12:00 AM

Ex Focus boss warns against 'false hope'

 

 

MPs question Lloyds

 

18 June 2013 12:00 AM

Lloyds' bosses will face questions from MPs on the Treasury Select Committee today over the attempted sale of part of its branch network to the Co-op Bank. The deal, eventually scuppered by the Co-op's financial crisis, was accused of being promoted by the Government to boost the mutual banking sector.

 

 

 

AA to split from Saga as huge pre-crash takeover unravels

 

18 June 2013 12:00 AM

The AA is to split from its silver-haired sister company Saga in a multibillion-pound deal that undoes one of the biggest corporate takeovers of the pre-crash credit boom.

 

 

 

Qatar sells back its stake in Porsche

 

18 June 2013 12:00 AM

The German family shareholders of Porsche got their keys back yesterday when Qatar's sovereign wealth fund sold its 10 per cent stake in the car marque's owner back to its founders.

 

 

 

Fears of a cataclysmic crisis subside

 

18 June 2013 12:00 AM

Financial risk managers believe the chances of a cataclysmic crisis have fallen back to their lowest level for five years, the Bank of England said yesterday.

 

 

 

US builders seeing brighter times

 

18 June 2013 12:00 AM

America's housebuilders have turned positive on their industry's prospects for the first time since the housing crash.

 

 

 

Streaming services sign Hollywood deals

 

18 June 2013 12:00 AM

Netflix and LoveFilm have both struck deals with big Hollywood studios as the online streaming services compete to snap up television and film rights.

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

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Share on other sites

19 June 2013 Last updated at 19:10

 

 

Fed maintains pace of asset purchase_68270806_68270187.jpg

 

The Federal Reserve maintains its $85bn-a-month (£54bn) asset purchase programme, and Fed chairman Ben Bernanke says the bank could begin scaling back the programme later this year.

 

_68264210_canarywharfbankingprotest.jpgJail reckless bankers, report urges

 

Measures including criminal sanctions to make bankers responsible for their own failings, are called for in a new report.

 

 

 

_68260500_167429002.jpgOsborne set to outline bank plans

 

The Chancellor, George Osborne, is expected to outline the government's plans for the future of Lloyds and RBS during his speech at the Mansion House.

 

 

 

 

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

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