Weekly Trading Update

Weekend Paper Roundup 05/05/2015



The Independent
- Investors take £1 billion out of UK stock market ahead of general election
- Greek pensioners start bank runs after payments delayed
- McDonald’s rebuilds to halt stubborn decline in sales
- One in three streets has one property that has been empty for 6 months or more
- Barclays Bank faces multimillion pound legal challenge over Libor rigging

The Wall Street Journal
- Einhorn hits fracking stocks
- Bank of America relents on vote over Moynihan’s dual roles
- Saudi market will open to only the biggest foreign investors
- Pushback on China oil mergers
- PartnerRe rejects Exor takeover offer

The Guardian
- Austerity policies and failures on public health have cost lives, say senior doctors
- Co-op Group boardroom shakeup could be halted by emergency motion
- Warren Buffet: stock markets will be overpriced if rates rise
- US chains target UK foodies with premium burgers – and prices to match
- Fears grow over ‘land grab’ of NHS by private suppliers

Financial Times
- IFS sceptical of parties’ claims on tax
- Government wins £2.2 billion from betting
- Post-election tax fears for high earners
- Investors put Alliance Trust on notice
- Stealth taxes – a post-election nightmare no matter who wins

The Daily Telegraph
- All3Media boss gets £4 million bonus from sale to John Malone
- BT ready to face competition scrutiny on EE takeover
- Business leaders issue last ditch warning against Labour
- Shell suffers oil hit but investors should eye gas big picture
- Has Bank of England taken savers for granted?

The Times
- Miliband’s bank on our side, says head of biggest union
- Britain has more solar farms than Spain, Italy and France
- Fears for recovery as industry slows
- Boss men take a hiding from SVG investors
- Consumers flash plastic as March borrowing soars

Daily Mail
- Chancellor warns of ‘fallout Friday’ for financial markets if Labour wins election
- Pressure on fund groups over bumper pay packages for bosses
- How the top 100 FTSE bosses have pocketed almost £500 million between them
- First time buyers need to earn £41k – or £77k in London
- Greek manufacturing slips to 2 year low as €1 billion debt repayment looms

The New York Times
- For the rich, Malta opens a gate to Europe
- Fertile ground for virtual currency: Argentina points to future for Bitcoin
- Tesla ventures into solar power storage
- Commonly used chemicals under new scrutiny
- Ex-Goldman programmer is convicted for code theft



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