WHAT THE OTHER PAPERS SAY THIS MORNING February 15, 2011 FINANCIAL TIMES BARCLAYS FORCED TO ADAPT COCOS BONUS PLAN Barclays has been forced to adapt its plans to pay bonuses for staff with a new financial instrument that has been hailed by regulators as a key tool for rebuilding the capital strength of banks. Bob Diamond, the UK bank’s new chief executive, had hoped to [...]
WHAT THE OTHER PAPERS SAY THIS MORNING February 15, 2011 FINANCIAL TIMES BARCLAYS FORCED TO ADAPT COCOS BONUS PLAN Barclays has been forced to adapt its plans to pay bonuses for staff with a new financial instrument that has been hailed by regulators as a key tool for rebuilding the capital strength of banks. Bob Diamond, the UK bank’s new chief executive, had hoped to [...]
What the other papers say this morning February 8, 2011 FINANCIAL TIMES BRUSSELS URGED TO END BIG FOUR DOMINANCE Four international accountancy networks have taken the unusual step of jointly calling for changes to the audit market in Europe and arguing that regulatory intervention is needed to dilute the power of the profession’s biggest operators. BDO International, RSM International and Grant Thornton International, the world’s [...]
Dido’s gamble means white flag isn’t likely February 8, 2011 DIDO Harding is a keen racehorse owner whose horse Cool Dawn won the Cheltenham Gold Cup in 1998. But perhaps the biggest gamble of her career was leaving the sector she had become synonymous with to take the reins at TalkTalk. Harding made her name in supermarkets, first as an executive at Tesco, which she [...]
THE TIPSTER February 6, 2011 WITH uncertainty continuing over the situation in Egypt, bearish investors are coveting the safe haven assets once again. After retreating from the $1,400 level at the start of the year, gold is now creeping higher but with no signs of further contagion in the geopolitical sphere, the risk aversion stance could arguably be seen as [...]
For some, it’s a borrower’s market February 2, 2011 FANCY a new car, luxury holiday or that longed-for loft conversion but don’t have the cash? This could be the moment for you to bag a bargain. As businesses struggle amid the economic downturn, they are offering some very good deals, at least to certain clients. With care, you may be able to net an [...]
PERSONAL FINANCE NEWS February 2, 2011 SPACE INVADERS COST £66M Space invaders, houseguests who stay with friends and family for weeks at a time without paying rent, are causing havoc. More than 4.9m homeowners have been left counting the cost of houseguests who overstayed their welcome last year. Direct Line research shows that the space invaders caused £66m in damages to [...]
French giant has started to lose edge January 31, 2011 CARREFOUR’S executives certainly need to do something to revive the retailer’s flagging fortunes. Anyone who has holidayed in France regularly over the last few years will have noticed that the supermarket giant is losing its edge. It used to be that one of the pleasures of hopping across the channel was a trip to l’hypermarché [...]
French giant has started to lose edge January 31, 2011 CARREFOUR’S executives certainly need to do something to revive the retailer’s flagging fortunes. Anyone who has holidayed in France regularly over the last few years will have noticed that the supermarket giant is losing its edge. It used to be that one of the pleasures of hopping across the channel was a trip to l’hypermarché [...]
FTSE struggles as Egypt turmoil unsettles markets January 31, 2011 The FTSE struggled to reclaim a morning of losses as political turmoil in Egypt unsettled investors. The FTSE 100 closed down 0.31 per cent or 18.43 points at 5,862.94, with travel firms suffering most from selloffs. Tour operator TUI Travel shed 2.62 per cent to close at 253p, while mid cap peer Thomas Cook lost [...]