Weekly Trading Update

Weekend Paper Roundup, 09/02/2015



The Wall Street Journal
- Soaring dollar squeezes US banks
- Hedge funds wager on UK election
- Dubai property moguls bet on another boom
- Credit Suisse plans specialty finance company
- China executes mining tycoon Liu Han

The Independent
- PwC condemned by MPs for ‘promoting tax avoidance on an industrial scale’
- Asda chief says Sunday trading laws are ‘fundamentally wrong’
- ECB agrees €60 billion emergency liquidity assistance for Greek banks

The Guardian
- Tspiras favours Greek jobless over creditors in defiant policy speech
- HSBC files show Swiss arm helped clients dodge taxes and hide millions
- George Osborne accused of buying votes with market-beating ‘pension bonds’
- Petrobas poised to drill despite eco threat and shaky markets
- Suppliers scared to blow the whistle on supermarkets

Financial Times
- Treasury acts to close Pension Wise Choices site
- StanLife acquires IFA group
- HMRC tax probe powers set for boost
- Relief for now as BP, Shell hold dividends
- US jobs data boost rate-rise odds

The Daily Telegraph
- Hargreaves Lansdown enters peer-to-peer to challenge 5% rates
- Tide power scheme to deliver £200 million boost to UK industry
- HMRC plan to scrap £100 fines for late tax returns
- Former Mappin & Webb boss to chair sofa.com in £50 million deal
- Jamie Oliver ‘to sell stake in publishing unit for up to £50 million’

Daily Mail
- Fresh supplier row for Tesco as supermarket giant demands price cuts
- RBS sees costs of Williams & Glyn branch spin off into separate bank rise
- Rolls-Royce set to report dip in profits
- Disney rides off with £215 tax boost for its UK movies
- Poundworld could follow 99p Stores into Poundland’s hands

The Times
- Carney: prepare for deflation
- Airbus cuts royalties to taxpayer after stand-off over UK jobs
- Tullow Oil set for £1 billion loss as oil slump bites
- No. 10 plots early Europe vote in 2016
- Top Tory ensnared in tax probe


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