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Turner tells banks to renew stress testing
published on Wed, 10 Mar 2010 14:16:47 GMT
Regulators have ordered UK banks to run a new round of tougher stress tests that assume the economy will endure a double-dip recession that would force unemployment up to 13.3 per cent
Other details at http://traxfer.ft.com/cms/s/0/31f3a820-2c28-11df-9187-00144feabdc0.html?o=%2Fhome%2Fuk
Brown sets March 24 date for Budget
published on Wed, 10 Mar 2010 10:11:39 GMT
Gordon Brown has confirmed the Budget will be held on March 24 in what is expected to be his government’s last major political event before the start of the general election campaign
Other details at http://traxfer.ft.com/cms/s/0/09107746-2c2b-11df-9187-00144feabdc0.html?o=%2Fhome%2Fuk
Allen takes over helm at EMI Music
published on Wed, 10 Mar 2010 11:42:20 GMT
The former chief executive of ITV is to take over as executive chairman as the music group, owned by private equity house Terra Firma, seeks to raise ÂŁ120m in new funds
Other details at http://traxfer.ft.com/cms/s/0/db610188-2c36-11df-9187-00144feabdc0.html?o=%2Fhome%2Fuk
Barclays eyes large US bank deal
published on Wed, 10 Mar 2010 14:15:25 GMT
The UK banking group is looking at buying a large US retail bank as it tries to rebalance its business away from a booming investment banking franchise
Other details at http://traxfer.ft.com/cms/s/0/09e25e8c-2bbd-11df-a5c7-00144feabdc0.html?o=%2Fhome%2Fuk
Tentative tone takes hold as investors seek direction
published on Wed, 10 Mar 2010 13:35:06 GMT
Global Markets Overview: FTSE All-World index remains becalmed near six-week highs, with stock investors reluctant to push riskier assets higher without a fresh catalyst
Other details at http://traxfer.ft.com/cms/s/0/f29bef0a-2c10-11df-9187-00144feabdc0.html?o=%2Fhome%2Fuk
