2014年11月1日 星期六

2014-11-02 U.K. Business

  Market Business News   
Banks in the UK could be forced to increase their reserves  Market Business News
Banks in the UK may have to increase their reserves to ensure the country's banks can cope with another financial crisis. The British central bank wants to reduce the need to use taxpayer money to bailout banks if the country slips back into a recession.
British banks   The Economist
Banks breathe sigh of relief over UK leverage ratio   Financial Times
Bank shares surge as new rules on capital prove less strict than feared   The Guardian
Telegraph.co.uk   
Bloomberg   
Daily Mail   
all 78 news articles »   

  Telegraph.co.uk   
Advertiser confidence hurt by China unrest, Isis and Ebola  Market Business News
Sir Martin Sorrell, founder and CEO of the world's largest advertising and PR company WPP plc., said on Friday that the unrest in Hong Kong, the Ebola epidemic and the emergence of Isis are “grinding down” confidence among the world's major advertisers.
Founder of WPP says political unrest in China is greatest threat to world economy   This is Money
'Geopolitical risks' shaking advertisers, says Sir Martin Sorrell   The Independent
Tempus: On track in spite of the swans   The Times (subscription)
Telegraph.co.uk   
MarketWatch   
all 54 news articles »   

  Telegraph.co.uk   
Tesco customers to be paid £43m after blunder by firm's banking arm  Mirror.co.uk
Tesco is paying a total of £43million to thousands of its customers after loan errors. The banking arm of Britain's biggest retailer has apologised to customers who failed to receive statements on time. Online Tesco Bank admitted it breached industry rules and ...

JEFF PRESTRIDGE: Payback time at Tesco Bank   This is Money
Tesco eyes £1bn from bank sale   USA NEWS

all 5 news articles »   

  Reuters UK   
Diageo, Jose Cuervo near deal to swap brands - WSJ  Reuters UK
(Reuters) - Diageo PLC (DGE.L) is nearing a deal with Jose Cuervo that would give the British liquor company full ownership of Don Julio tequila in exchange for its Bushmills whiskey label, the Wall Street Journal reported on Saturday, citing people familiar ...

Diageo Is Said to Be in Talks on Exchange of Brands With Jose Cuervo   New York Times
Alcohol Giant Nears Deal for Jose Cuervo Tequila   teleSUR English
Diageo, Jose Cuervo Near Deal to Swap Brands   Wall Street Journal

all 11 news articles »   


German pilots won't strike during negotiations with Lufthansa -Focus  Reuters
FRANKFURT Nov 1 (Reuters) - German pilots' union Vereinigung Cockpit (VC) will abstain from industrial action during negotiations with airline Lufthansa over pay and early retirement benefits, Germany's Focus magazine reported. A dispute between ...


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  Business Recorder   
BNP CEO: French banks should pay only two thirds of bailout contribution  Reuters Canada
PARIS (Reuters) - French banks should pay only 10 billion euros ($12.5 billion) of the 16 billion they are being asked to contribute to a proposed EU bailout fund, BNP Paribas chief executive Jean-Laurent Bonnafé said in an interview in Le Figaro on Saturday ...

BNP to Participate in ECB Targeted Loan Program, CFO Says   Bloomberg

all 83 news articles »   

  The Guardian   
Let's hear it for the little guys  Herald Scotland
It will come as no consolation to the further 9000 Lloyds employees who, it was announced last week, will be losing their jobs, but employment in the banking sector is on the rise again. It will come as no consolation to the further 9000 Lloyds employees who, ...

Summing up: Banks still don't understand customers   Scotsman
Broadband blackspots can put you in the red   The Sunday Times
Internet banking? Give us a branch any day   The Guardian
Telegraph.co.uk   
all 6 news articles »   

  This is Money   
Shareholders in IAG set for first dividend since BA merged with Spanish carrier ...  This is Money
Shareholders in British Airways' parent International Airlines Group are set for their first dividend since it was created from 2011's merger with Spanish carrier Iberia. An investor payout is widely expected to be announced as soon as next month after IAG ...

British Airways owner expects profits to lift   Herald Scotland
British Airways owner IAG bullish on profit update   Scotsman
British Airways' Parent Lifts Guidance   Wall Street Journal
BBC News   
Gulf Daily News   
Reuters   
all 91 news articles »   

  Telegraph.co.uk   
Ikea embarks on biggest programme of price cuts in history  Telegraph.co.uk
Ikea says it will make its biggest ever round of price cuts this year as the British arm of the Swedish furniture retailer plans to double sales by 2020. The retailer said it was spending £27m on reducing prices across its stores, "the largest investment into ...

Prices set to fall at Ikea as flat-pack favourite promises £27m boost for home ...   This is Money
Digest: November 2   The Sunday Times
IKEA boom: Sales rise by more than 11 per cent to £1.4billion   Express.co.uk
Daily Mail   
all 10 news articles »   

  The Guardian   
Claims UK spending on EU is spiralling out of control  Herald Scotland
THE UK's net contribution to the European Union soared to £11.3 billion in 2013, an increase of £2.7bn from the previous year, according to official statistics. THE UK's net contribution to the European Union soared to £11.3 billion in 2013, an increase of ...

UK contribution to the EU increased by a third last year   The Independent
Conservatives put under further pressure by £2.7bn EU contributions   The Guardian
Britain's net payments to EU soar by a third in a year, ONS figures show   Telegraph.co.uk
Daily Mail   
Express.co.uk   
all 43 news articles »   

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