Press round-up from ShareCast

• Friday newspaper round-up: Big Six, UK deflation, Heathrow plans...
  Fri 30 January 2015 06:09
  Energy firms will boost their profits by £37 per household in 2015 due to the decrease in gas prices, new data has revealed in a further push for the Big Six to slash bills. The Telegraph wrote that despite recent price cuts, pre-tax profits for 2015 cou

• Thursday newspaper round-up: Tesco, Mark Carney, McDonald's...
  Thu 29 January 2015 06:00
  Tesco chief executive Dave Lewis revealed the names of 43 Tesco stores that will be closed down in an attempt to reduce overheads, said the City A.M. The chain revealed it will close 30 convenience stores, including 18 express outlets and 12 inner-city Me

• Wednesday newspaper round-up: NHS, Ed Miliband, Ebola...
  Wed 28 January 2015 06:53
  A drug worth £10m per patient will soon be available on the NHS after gaining approval, said The Times. The drug is called Eculizumab and will provide life-saving treatment for around 200 people a year with a rare kidney condition. The paper claimed that

• Tuesday newspaper round-up: SSE cuts, Starbucks, UK construction...
  Tue 27 January 2015 06:18
  SSE has become the fifth big energy supplier to cut household bills after the slump in wholesale costs, wrote The Times. The 4.1% cut in gas prices, equivalent to £28 off an annual gas bill, will not take effect until April 30, however, when most househo

• Monday newspaper round-up: Greek election, IS hack, IAG takeover...
  Mon 26 January 2015 07:08
  Greece sent shockwaves across Europe last night as anti-austerity party that has promised to end austerity and refuse to take orders from Berlin and Brussels triumphed in the country's election, wrote The Times. Syriza, founded by ex-communists and led by

• Sunday newspaper round-up: IAG, Oil price collapse, Standard Chartered
  Sun 25 January 2015 18:23
  International Airlines Group (IAG) is close to buying Aer Lingus after bidding €1.3bn for the Irish airline, according to the Sunday Times and the Sunday Telegraph. Aer Lingus's board is ready to recommend the third approach from IAG, the parent of Brit

• Friday newspaper round-up: Saudi King, Iran nuclear talks, O2 takeover...
  Fri 23 January 2015 06:31
  Saudi state TV says King Abdullah, the purported US ally who joined Washington's fight against al-Qaeda, has died following a swirl of reports and rumours about his declining health, The Guardian published. His 79-year-old half brother, Crown Prince Salma

• Thursday newspaper round-up: Cost of living, Ebay cuts, Tobacco packaging...
  Thu 22 January 2015 05:57
  The Independent printed that average pay is rising at more than three times the cost of living according to official figures - but the Bank of England yesterday hinted the good news may not last. In a boost to household budgets across the country, the pap

• Wednesday newspaper round-up: BP challenged, UK wine industry, Eversholt...
  Wed 21 January 2015 06:25
  Oil giant BP is being challenged to confront the risk that climate change may pose to its future in a shareholder resolution published on Wednesday, The Guardian wrote. Pension funds controlling hundreds of billions of pounds are among the 150 investors d

• Tuesday's newspaper round-up: William Hill results glitch, Leahy talks...
  Tue 20 January 2015 05:14
  William Hill was forced to release its latest trading statement 11 hours earlier than planned after an administrative error, The Telegraph reported. According to the paper, the bookmaker officially sent out the figures, which showed that profits fell 7% i

• Monday newspaper round-up: John Laing, North-South divide, UK incomes...
  Mon 19 January 2015 05:15
  John Laing is preparing to announce a flotation on the London Stock Exchange today as the infrastructure investment group becomes the latest business to take the plunge and be listed before the general election in May, said The Times. The initial public o

• Sunday newspaper round-up: Enquest, Britain's economy, Bank of England
  Sun 18 January 2015 19:00
  EnQuest is cutting spending, jobs and pay in an effort to avoid breaking the terms of its bank loans, the Sunday Times reported. The biggest independent UK North Sea oil producer's shares have fallen 80% since last summer as the price of crude oil collaps

• Friday newspaper round-up: Belgium anti-terror, IMF, BP...
  Fri 16 January 2015 06:57
  Two people were killed and one other was arrested in an anti-terror operation on Thursday in Verviers, eastern Belgium, reports The Independent. "Prosecutors said that the alleged terror cell was suspected of planning attacks on police stations, where sec

• Thursday newspaper round-up: RBS, BlackBerry, North Sea oil...
  Thu 15 January 2015 06:49
  RBS has admitted to mis-selling taxpayer-backed loans to small business, according to The Times. "An internal investigation at the lender has revealed serious failings in the way in which it used the Enterprise Finance Guarantee, a government scheme desig

• Wednesday newspaper round-up: Mark Carney, World Bank, Morrisons...
  Wed 14 January 2015 06:55
  Bank of England governor Mark Carney has warned that the UK is in danger of falling into deflation after figures showed that consumer prices rose at their lowest annual rate in over 14 years in December, writes The Telegraph. In interviews with the BBC an

• Tuesday newspaper round-up: Sellafield, ECB stimulus, Auto Trader...
  Tue 13 January 2015 06:46
  A £9bn contract to clean up the Sellafield nuclear waste is to be torn up, the government is expected to announce, writes The Times. The early termination of the contract awarded to Nuclear Management Partners in 2008, an industrial consortium including

• Monday newspaper round-up: Shire, Charlie Hebdo march, RBS...
  Mon 12 January 2015 06:40
  Shire has agreed to buy rare diseases specialist NPS Pharmaceuticals for $5.2bn as it bounces back from the collapse of a £32bn takeover by AbbVie, The Times reports. The company said it is "clearly a statement from us that we are committed to an indepen

• Sunday newspaper round-up: IAG, North Sea, Morrisons
  Sun 11 January 2015 19:53
  International Airlines Group (IAG) may have to pay as much as €1.6bn to buy Aer Lingus, one of the Irish airline's biggest shareholders told the Sunday Telegraph. Richard Bernstein, investment adviser at Crystal Amber, which owns 2.8% of Aer Lingus, cal

• Friday newspaper round-up: Chinese PPI, Google, Sports Direct...
  Fri 09 January 2015 07:00
  Producer prices in China fell by their most in over two years in December, "adding to fears that deflation beckons in the world's second-largest economy", writes the Financial Times. Factory gate prices dropped by 3.3% year-on-year last month, the largest

• Thursday newspaper round-up: StanChart, Oil prices, City Link...
  Thu 08 January 2015 06:43
  Banking group Standard Chartered has exited its global equities business, the Financial Times writes, "in an abrupt move that underscores the bank's efforts to cut costs and refocus its business, and is also axing another 2,000 jobs in its retail division

• Wednesday newspaper round-up: Bank of England, Opec, Russia
  Wed 07 January 2015 08:15
  The Bank of England's lack of preparedness for the financial crisis that struck in 2007 has been laid bare with the publication for the first time of the secret discussions that took place between top officials and directors. Minutes of the Bank's board a

• Tuesday newspaper round-up: Verizon-AOL, RBS, Tesco...
  Tue 06 January 2015 06:43
  Verizon Communications is in talks with AOL about a possible deal to take over the latter or set up a joint venture, The Telegraph said, citing reports. It is thought that Verizon wants to use AOL to expand its mobile video operations.

• Monday newspaper round-up: ECB, UK retailers, PRA...
  Mon 05 January 2015 06:40
  A Financial Times survey of economists has uncovered scepticism surrounding a potential quantitative easing (QE) programme by the European Central Bank. Most economists questioned by the paper said they expected growth and inflation to remain weak even wi

• Sunday newspaper round-up: Tesco, Flotations, ECB
  Mon 05 January 2015 02:29
  Tesco will scrap the system of rebates and penalty fees it uses to extract money from suppliers, the Sunday Times said. In a trading statement due on January 8th, Chief Executive Dave Lewis will replace the complex arrangements with a simple scheme based

• Friday newspaper round-up: Petrol prices, Public borrowing, British supermarkets
  Fri 02 January 2015 09:26
  Petrol prices are heading to below £1 a litre for the first time since 2009 in a big pre-election boost for consumers. Plunging world oil prices coupled with a new supermarket price war is driving down pump prices, lowering inflation and leaving consumer

• Wednesday newspaper round-up: BP, North Sea workers, City Link...
  Wed 31 December 2014 07:12
  BP has launched an internal investigation to see whether traders on its foreign exchange desk attempted to rig the currency market, according to The Telegraph. The company admitted it had "conducted a review" after reports that staff had been told of plan

• Tuesday newspaper round-up: Ebola, Greece, City Link...
  Tue 30 December 2014 06:53
  A woman returning home from Sierra Leone has become the first person in the UK to be diagnosed with Ebola, according to The Telegraph. Britain's screening system for the disease immediately came under scrutiny after the NHS nurse's condition was not detec

• Monday newspaper round-up: Chief executives, Royal Bank of Scotland, UK Politics
  Mon 29 December 2014 07:24
  A quarter of chief executives in the FTSE 100 enjoyed increases in their take-home pay of more than 30% last year despite a continuing squeeze in wages at shop-floor level. However, the report found evidence of restraint ahead: the boards of Britain's top

• Sunday newspaper round-up: Tesco, Oil explorers, Sainsbury's
  Sun 28 December 2014 17:17
  Tesco is testing a discount format in its One Stop chain, indicating the group could be considering new ways to combat Aldi and Lidl, the Sunday Times said. Three One Stop branches have been trading as discounters with low prices and limited ranges for th

• Wednesday newspaper round-up: Russia, Sony Pictures, RBS...
  Wed 24 December 2014 06:43
  Credit rating agency Standard & Poor's has put Russia's rating on a 'negative' outlook, raising the prospect that it could downgrade the country's debt to 'junk' within weeks, The Times writes. S&P cited the "impact of the weakening economy on its financi

• Tuesday newspaper round-up: Russia, North Korea, BP...
  Tue 23 December 2014 06:54
  According to Alexis Kudrin, Moscow's former finance minister and a key ally of president Vladimir Putin, Russia is heading for a "full-blown economic crisis", writes The Times. He said that the turmoil could trigger a wave of corporate defaults across the

• Monday newspaper round-up: House prices, North Sea oil, OPEC...
  Mon 22 December 2014 06:38
  House prices in London fell below the £500,000 mark on average in November, reports The Guardian. According to figures from real estate agency Haart, while prices rose nationally by 0.6% in the past month, they fell by 1.9% in the capital. Prices in Nort

• Sunday newspaper round-up: Catlin, North Sea, Banks
  Sun 21 December 2014 19:57
  Lloyd's of London insurer Catlin has agreed to be taken over by rival XL, the Sunday Times reported. The deal was sealed on the night of December 20th and is broadly in line with terms revealed to the market last week. Catlin shareholders will get 410p in

• Friday newspaper round-up: IAG and Aer Lingus, North Sea oil, Unilever and RB...
  Fri 19 December 2014 06:55
  The Times has printed a story on British Airways owner IAG's revelation that a secret €1bn-plus takeover of Aer Lingus was rejected by the Irish carrier's board. According to the new source, a takeover by IAG would have seen the airline seize even more

• Thursday newspaper round-up: Federal Reserve, Tesco, Lloyds...
  Thu 18 December 2014 06:53
  US stock markets soared on Wednesday night after the Federal Reserve "gave its clearest signal yet that it intends to raise borrowing costs by - or even before - the middle of next year", writes The Times. Fed chair Janet Yellen said the bank was "unlikel

• Wednesday newspaper round-up: Russia, OPEC, Federal Reserve...
  Wed 17 December 2014 06:49
  Russia has lost control of its economy and may be forced to impose Soviet-style exchange controls after "shock and awe" action by the central bank failed to stem the collapse of the rouble, according to The Telegraph. The paper quoted the central bank's v

• Tuesday newspaper round-up: BT/EE, Russian interest rates, Sydney siege..
  Tue 16 December 2014 06:34
  BT has rejected a simpler takeover of O2 in favour of exclusive talks to buy Britain's biggest mobile operator, EE, for £12.5bn. However, according to The Telegraph, the combined entity will control "an unrivalled chunk of Britain's mobile airwaves" and

• Monday newspaper round-up: London house prices, PetSmart, OPEC
  Mon 15 December 2014 07:02
  The average asking price of a home in London has fallen by over £30,000 over the past month, The Daily Telegraph writes.

• Sunday newspaper round-up: BT, RBS, Tesco
  Sun 14 December 2014 19:45
  BT is expected to announce as soon as December 15th whether it plans to buy EE or O2 to reenter the mobile phone market, The Sunday Times reported. The FTSE 100 telecoms company was working on a deal at the weekend with a statement due early in the coming

• Friday newspaper round-up: Water bills, Barclays, US spending bill...
  Fri 12 December 2014 06:52
  The Telegraph has said that household water bills across England and Wales are to fall by 5% in real terms by 2019-2020 following a decision by Ofwat. "The ruling will almost certainly hit the profits of the UK's water companies," the paper said.

• Thursday newspaper round-up: Carney, Instagram, Glencore...
  Thu 11 December 2014 06:43
  "Britain's first interest rate move in more than six years edged a little closer yesterday as Bank of England governor Mark Carney joined hawk Ian 'McCafferty in hinting that 'action may soon be called for," The Scotsman writes. Carney reportedly said tha

• Wednesday newspaper round-up: StanChart, G4S/Serco, Oil services firms
  Wed 10 December 2014 07:00
  According to The Guardian, Standard Chartered is under fresh scrutiny from US regulators. The bank's two-year deferred prosecution agreement imposed two years ago for US breaching sanctions towards Iran has been extended for three years. US authorities, w

• Tuesday newspaper round-up: FCA, Tesco, Chinese stocks
  Mon 08 December 2014 08:27
  Several senior executives at the Financial Conduct Authority will have to do without their bonuses. The decision was taken in anticipation of a report prepared by Clifford Chance, to be released on Wednesday, which will heavily criticise them for a blunde

• Monday newspaper round-up: Mortgages, US dollar, Retail sales
  Mon 08 December 2014 06:12
  The vast majority of people with mortgages could withstand an increase in interest rates of up to two percentage points, the Bank of England's latest annual survey of household finances showed. That marks a significant shift in the central bank's thinking

• Sunday newspaper round-up: BP, Sainsbury, Premier Foods
  Sun 07 December 2014 17:59
  BP will shed middle managers and put projects on hold as it deals with the falling price of oil, the Sunday Times reported. Finance Director Brian Gilvary told the paper headcounts were falling across all operations and that it would cut the estimated pri

• Friday newspaper round-up: Osborne, Real wage fall, FCA official to quit
  Thu 04 December 2014 18:26
  The new regulations announced by UK Chancellor George Osborne in the Autumn Statement have "increased the risk in the public finances" according to the Institute for Fiscal Studies.

• Thursday newspaper round-up: Google Tax, Stamp duty, Heathrow...
  Wed 03 December 2014 20:32
  The UK will launch a crackdown on multinational tax avoidance with a hefty new tax helmed by George Osborne. The 25% levy described as the 'Google Tax' will target big tech giants such as Apple, Google as well as other globally renowned firms such as Amaz

• Wednesday newspaper round-up: Autumn Statement, UK food prices, Schlumberger...
  Wed 03 December 2014 06:49
  UK Chancellor George Osborne is expected to use Wednesday's Autumn Statement to deliver a near financial injection to Britain's economy by boosting small-to-medium enterprises (SMEs) with nearly £1bn. Osborne is predicted to hand an additional £400m ove

• Tuesday newspaper round-up: Tesco, Bicester, Rouble...
  Tue 02 December 2014 06:51
  New Tesco boss Dave Lewis is planning to bring Matt Simister, one of the eight executives suspended after an accounting irregularity, back to the company as he takes direct control of the retailer, the Telegraph has said. Lewis said that Simister had actu

• Newspaper Round-up:
  Mon 01 December 2014 20:51
  The Russian rouble plummeted the furthest it's fallen in once day since 1998 during the default crisis. Capital flight has accelerated, raising the risk of emergency exchange controls and greatly affecting companies currently holding onto more than $680bm

• Monday newspaper round-up: Cyber Monday, Co-op, Osborne
  Mon 01 December 2014 07:08
  Over 25m shoppers are expected to buy gifts online on 1 December, with £451,000 expected to be spent every minute, the Guardian reports.

• Sunday newspaper round-up: Balfour Beatty, Canary Wharf, Vodafone
  Sun 30 November 2014 15:25
  Balfour Beatty could be broken up as John Laing Infrastructure Fund considers a billion-pound bid for the company's investment arm, the Sunday Times reported. John Laing is interested in bidding for Balfour's 60 private finance initiative (PFI) contracts.

• Friday newspaper round-up: Opec, BG, Amazon, Wikipedia
  Fri 28 November 2014 07:29
  Oil prices plummeted to a new four-year low on Thursday, after members of the Organisation of the Petroleum Exporting Countries could not reach an agreement on cutting output, the Times reports.

• Thursday newspaper round-up: Scotland, GSK, BG, Stagecoach
  Thu 27 November 2014 02:04
  Scottish MPs will be entitled to vote on UK budgets even though control over income tax will soon be transferred over to the Edinburgh parliament, Labour has revealed shortly before the publication of a cross-party devolution deal on Thursday, the Financi

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