Weekly Trading Update
Weekend Paper Roundup, 23/02/2015
- Nestle sales growth slowest since 2009
- US oil glut grows, with production still strong
- Adidas searches for next CEO
- Asda posts first full-year sales drop since crisis
- Air France-KLM plans to cut back investment
The Independent
- Advertiser behind Wonga’s elderly puppets cuts ties with payday lender
- Unbalanced recovery poses threat, warns BoE rate-settler
- Judge rejects BP’s appeal to reduce billion-pound fine for 2010 oil spill
- Spanish tax authorities inspect Twitter to find potential tax dodgers
- Tax surge nets government £8.8 billion budget surplus
The Guardian
- Aer Lingus trade unions change stance on BA-owner’s takeover
- Uber zeroes in on food service market with UberEats
- Alexis Tsipras: Greece has won the battle but the real difficulties lie ahead
- Terror threats issued against British, American and Canadian shopping malls
- Snapchat and the ‘T-Rex’ venture: why it all sounds like dotcom bubble 2.0
Financial Times
- Hargreaves cuts drawdown costs
- Cost of retirement is £11,200 a year
- Carlsberg still fighting hangover after Russia binge
- Peugoet on road to recovery one year after rescue deal
- Coffee supply fears soothed by rain in Brazil
The Daily Telegraph
- Fortnum and Mason’s owners’ dividend tops £100 million
- Poundland chairman steps down to take Morrisons role
- Warren Buffet buys German biker gear retailer
- City Link collapse leaves suppliers £39 million out of pocket
- Tesco loses more than £40 million on Blinkbox venture
Daily Mail
- Former RBS boss Stephen Hester to hike cost cuts at insurer RSA he now runs
- Sainsbury’s to start opening branches of its own bank in stores
- Former Monsoon boss John Browett tipped as next chief executive at Halfords
- Petropavlovsk to open talks with rebel shareholders in last ditch attempt to save company from administration
- Economists say employees’ wages set to rise by 1.9% this year
The Times
- Next RBS chairman must meet chancellor’s approval
- Standard Life chief nets reward of £5.5 million
- Stagecoach cleared to rule Scottish rail
- Chancellor’s deficit reduction back on target after deferred tax floods in
- New Look appoints JP Morgan to explore potential floatation
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