Weekly Trading Update

Weekend Paper Roundup 21/03/2016



Financial Times
- Anbang lines up China’s biggest US takeover with Starwood bid
- Darty accepts Steinhoff offer over Fnac’s rival tilt
- Santander to lift payout by 5%
- Carlsberg crafts a recovery beyond Russia
- UK watchdog ends forex probe due to lack of proof

The Wall Street Journal 
- GlaxoSmithKline CEO Witty to retire
- Rio Tinto’s copper boss to take over as CEO
- Nike touts self-lacing sneakers
- Hutchinson may sell stake in UK carrier
- FedEx pushes to offset high costs

The Guardian
- UK supermarkets urged to stock more British lamb
- BA and easyJet hit by delays after France traffic control strike
- Jobs galore in London’s Square Mile...but not if you’re under 24
- BHS ‘confident’ it has backing of landlords ahead of key vote
- Row over ‘secret’ Hinkley Point documents set to reach tribunal

The Telegraph 
- UK blue-chip firms told to stop reporting every quarter
- Brexit could cause £100 billion short-term shock to the economy, warns CBI
- Rolls-Royce to reassure MPs over its commitment to UK as it ads 350 jobs in Derby
- Soft drinks firms warn ‘economic viability’ of entire industry threatened
- Landlords not businesses to benefit from Osborne’s rates relief

The Times
- Bank bosses told: hire more women or lose your bonuses
- Next suffers slowdown
- LSE/Deutsche Boerse vote ‘before Brexit poll’
- Smiths in £470 million French foray
- Uber’s roundabout revenue journey to steer clear of tax

Daily Mail
- UK inflation on the rise again, with CPI seen rising by 0.4% last month
- Profits rocket at motorway services operator Westmorland after year of expansion
- Regulators target Philip Green to help plug £570 million pension hole in BHS
- British arm of Whole Foods Market moves into profit for first time since launch 9 years ago
- Profits more than double at Porterbrook, the company that supplies rolling stock to train operators

The Independent
- PwC accused of conflict of interest in development role
- Berkeley hits out at stamp duty hike as sales fall
- HSBC fires the starting gun on search for new chairman
- UBS boss Ermotti ‘got £2 million pay rise in 2015’
- Fsatjet threatens to sue over Stelios ‘insolvency’ letter

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