Weekly Trading Update

Weekend Paper Roundup 14/03/2016



Financial Times
- Monsanto’s India spat fuels corporate fears
- BNP Paribas to introduce standard banking titles
- China’s Anbang agrees $6.5 billion hotel deal
- Uber competitor to offer drivers shares
- China rebuts doomsayers on economy

The Wall Street Journal
- ECB’s cheap loans show rift among Europe’s banks
- Early defaults are a warning sign for auto sales
- Oil-price rise could be its own undoing
- Yuan’s jump is sign China’s policy succeeds
- How Google could put pay-TV in a box

The Guardian
- RBS to cut 550 jobs as part of plan to automate investment advice
- Unite says government is reluctant to exempt NHS from TTIP
- George Osborne accused of hitting most vulnerable with tax plans
- Low-paid workers report sharp rise in ‘wage theft’
- Severn Trent drops chlorine warning for thousands of homes

The Telegraph 
- SSE secures £355 million sale of Scottish wind farm
- Deutsche Boerse could hike offer for London Stock Exchange this week
- PwC boss says better opportunities will come if Britain remains within EU
- Virgin media signals mobile ambitions in Three-O2 fallout
- Budget 2016L UK watchdog to slash growth forecasts

The Times
- Phillip Green faces £280 million BHS bill
- Lloyds warns UK will suffer in Brexit
- AstraZeneca shareholders revolt over chief’s £8.4 million pay
- Xcite running out of energy
- Cinven plots £2 billion swoop on Reuters

Daily Mail
- Sainsbury’s set to raise Argos bid to £1.5 billion after surge in its own share price
- Fewer retailers are closing their doors, with shop closures falling to their lowest level since 2010
- Osborne’s £50 billion Budget black hole: Chancellor set to miss borrowing targets for next 5 years
- Ikea revival is big success as profits treble to £116 million thanks to record sales
- Losses almost double to £13.5 million at Café Rouge and Bella Italia owner Casual Dining Group

The Independent
- Food stores replace fashions on high street
- MPs say secrecy around TTIP talks is ‘profoundly undemocratic’
- Osborne urged to exempt small firms from business rates
- Tesco starts selling ‘wonky veg’ in bid to curb food wastage
- Martin Sorrell in line for £70 million payday if shares jump


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