uk-hotdailynews: 2014-11-26 U.K. Business

EU investment plan aims to spend billions to spur economy
Sydney Morning Herald
European Union authorities are set to unveil a long-awaited investment plan this week with the ambition of channeling 315 billion euros into public infrastructure projects like transportation, communications and energy over the next three years. The plan ...

Juncker's €315bn New Deal dismissed as a subprime gimmick   Telegraph.co.uk
EU reveals details of EFSI investment fund   Deutsche Welle
The time is right for a new investment plan to kickstart the European economy   WalesOnline
Irish Times
Financial Times
Forbes
all 196 news articles »

Arcadia Group hit by tough trading conditions
Herald Scotland
SIR Philip Green's Topshop and Miss Selfridge empire has reported lower profits after continued tough trading at department store chain BHS. SIR Philip Green's Topshop and Miss Selfridge empire has reported lower profits after continued tough trading at ...

Chris Blackhurst: Retail tycoon Sir Philip's Arcadia makeover makes his rivals ...   The Independent
Sir Philip Green builds up war chest for new year sales   The Times (subscription)
Arcadia braces for tough Christmas after sales dip   Scotsman
Mirror.co.uk
Reuters
Telegraph.co.uk
all 44 news articles »

Bank culture 'will take generation to change', says report
BBC News
A "toxic" and "aggressive" culture inside banks that led to scandals such as mis-selling will take a generation to change, according to a report. A culture that was decades in the making will take years to unwind, the joint study by Cass Business School and ...

Banking's toxic culture 'will take generation to clean up', says report   The Guardian
British banks' rotten culture will take generation to fix - think tank   Reuters UK
Banks need a generation to change culture, report says   Financial Times
Bloomberg
all 14 news articles »

OECD sees gradual world recovery, urges ECB to do more
Reuters UK
1 of 3. The new European Central Bank (ECB) headquarters are pictured behind partially dismantled Sudfass brothel club in Frankfurt, November 22, 2014. Credit: Reuters/Kai Pfaffenbach. Related News. Global regulators seek ways to avert rule disputes.
International Business|OECD Calls for Fiscal and Monetary Measures to Spur ...   New York Times
Banks Should Package Sovereign Bonds for ECB Purchase, OECD Says   Businessweek
Stagnant euro zone poses 'major risk' to world growth: OECD   Arab News
BBC News
Irish Times
Seeking Alpha
all 163 news articles »

HSBC Said to Be Probed Over Hedge-Fund Leak, WSJ Says
Bloomberg
HSBC Holdings Plc (HSBA) is being investigated by the U.S. Justice Department over allegations that a currency trader leaked confidential client information to a hedge fund, the Wall Street Journal reported, citing unidentified people familiar with the matter.
Justice Department investigating alleged HSBC leak to hedge fund   Fortune
Justice Department investigating possible HSBC leak to hedge fund   Financial News

all 48 news articles »

Fund managers must block absurd BG Group pay deal
The Guardian
BG's incoming boss Helge Lund could be set for a pay package of up to £25m. Photograph: Jason Bye/REX. Nils Pratley. Tuesday 25 November 2014 16.51 EST. Share on Facebook · Share on Twitter · Share via Email · Share on LinkedIn · Share on Google+ ...

BG Group's £25m deal for new chief attacked by directors' group   BBC News
BG's Lund Caught in Pay Furor Ahead of Shareholder Meeting   Bloomberg
Investors issue 'red top' warning over new BG Group chief's pay   Telegraph.co.uk
iNVEZZ
Sky News
all 14 news articles »

Osborne under fire for switch service timidity
CITY A.M.
GEORGE Osborne is expected to tweak the seven day current account switching scheme to iron out some of the wrinkles in the system, in his Autumn Statement next week. But the changes did not go nearly far enough to open up the market to competition, the ...

George Osborne 'to let savers switch banks in five days'   Daily Mail
Osborne To Unveil Bank Switching Overhaul   Eagle Radio

all 6 news articles »

Shareholders poised to sue Tesco over losses from profits scandal
The Independent
Shareholders are set to launch a major legal action against Tesco over the billions of pounds in value wiped off the company by its £265m profits black-hole scandal. A firm specialising in funding legal actions has agreed to pay for the lawsuit, which will allege ...

Banco Santander SA   Reuters
Litigation Funder Considering Funding Claims Against Tesco   Wall Street Journal
UK law firm solicits Tesco shareholders for lawsuit following profits scandal   The Guardian
The Australian (blog)
Financial Times
Yahoo News UK
all 31 news articles »

Profits double at Nationwide but market is getting tougher
Herald Scotland
NATIONWIDE and other mutuals have loaned £33 billion to support the economy in the past three years while banks have loaned minus £1bn, the UK's major building society has said. NATIONWIDE and other mutuals have loaned £33 billion to support the ...

Nationwide loan volumes fall as biggest banks get back on feet   CITY A.M.
Nationwide profits up but warns of competition   Scotsman
Nationwide on track to make full-year profits of more than £1bn for first time in its ...   This is Money
Businessweek
The Guardian
Belfast Newsletter
all 34 news articles »

Interest-free deals 'trap millions in spiral of debt'
The Independent
The credit card industry was thrust back in the dock yesterday after the City watchdog announced details of a study into the £150bn market. The Financial Conduct Authority is concerned that credit cards are being marketed too aggressively, pushing ...

Credit card market is in the spotlight   Herald Scotland
Watchdog probes credit cards to see if borrowers are ripped off   CITY A.M.
Watchdog to probe credit card debt traps   Scotsman
Telegraph.co.uk
Forbes
WXYZ
all 93 news articles »

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