What the other papers say this morning January 19, 2011 FINANCIAL TIMES MOD FACES FRESH CRISIS OVER ITS FUNDING Senior figures in the Ministry of Defence are warning of a possible reopening of last October’s Strategic Defence and Security Review because the MoD lacks the funds needed to provide the military capability demanded by the government for 2020. The department has discovered that it needs [...]
Mid morning wrapup January 17, 2011 Oil giant BP saw its shares rise by two per cent this morning as its deal with Russian company Rosneft for arctic exploration boosted the stock. Analysts said the tie-up with state-controlled Rosneft opened up massive reserves in the arctic, a region they said was believed to contain one fifth of the world’s undiscovered oil. [...]
WHAT THE OTHER PAPERS SAY THIS MORNING February 15, 2011 FINANCIAL TIMES JERSEY AND ISLE OF MAN OFFER TAX SOP TO BRUSSELS Jersey and the Isle of Man have announced changes to their corporate tax regimes in an effort to neutralise criticism from Brussels. Both crown dependencies said they were withdrawing laws that aim to stop local shareholders from avoiding personal income tax by rolling [...]
Fears over turmoil in Egypt weigh on FTSE as banks fall January 31, 2011 WORRIES over the impact of the political unrest in Egypt saw Britain’s top share index fall yesterday, but losses were limited by gains from heavyweight energy issues as the crude price firmed. At the close, the FTSE 100 index was 18.43 points, or 0.3 per cent lower, at 5,862.94, having shed 1.4 per cent on [...]
Fears over turmoil in Egypt weigh on FTSE as banks fall January 31, 2011 WORRIES over the impact of the political unrest in Egypt saw Britain’s top share index fall yesterday, but losses were limited by gains from heavyweight energy issues as the crude price firmed. At the close, the FTSE 100 index was 18.43 points, or 0.3 per cent lower, at 5,862.94, having shed 1.4 per cent on [...]
WHAT THE OTHER PAPERS SAY THIS MORNING October 7, 2010 FINANCIAL TIMES UK AND FRANCE IN TALKS ON TRIDENT MAINTENANCE An agreement being negotiated by the UK and France would see British nuclear warheads serviced by French scientists and break with half a century in which neither country has collaborated on its independent deterrent. Ahead of a summit in three weeks, the governments are close [...]
WHAT THE OTHER PAPERS SAY THIS MORNING October 7, 2010 FINANCIAL TIMES UK AND FRANCE IN TALKS ON TRIDENT MAINTENANCE An agreement being negotiated by the UK and France would see British nuclear warheads serviced by French scientists and break with half a century in which neither country has collaborated on its independent deterrent. Ahead of a summit in three weeks, the governments are close [...]
Greenergy launches bid for Total’s UK forecourts November 28, 2010 GREENERGY, a supplier of fuel to British supermarket petrol stations, has launched a £1bn-plus bid to buy Total France’s UK retail network. Greenergy’s chief executive Paul Lester said he had held preliminary discussions with the French oil major about buying its portfolio of 780 petrol station forecourts. The supplier, in which the world’s number three [...]
What the other papers say this morning January 25, 2011 FINANCIAL TIMES RUSSIANS PREPARE FOR LISTING SPREE IN LONDON Four industrial and mining companies from Russia are set to list in London within the next few weeks, the first in a string of companies from the country rushing to raise an estimated $15bn-$20bn (£9.5bn-£12.7bn) this year. The companies are taking advantage of a narrow window [...]
Food prices soar to new high January 5, 2011 FOOD prices have surged above the peak they reached during the 2008 crisis, the United Nations (UN) revealed yesterday. The 2008 food crisis provoked food riots, the toppling of at least one government, and plunged over a billion people into hunger. And the UN’s food price index averaged 214.7 last month, a record high that [...]