It is the time of the week again to review what has been making the news in the world of business. This is the first week we have no mention of Northern Rock in a long-time. Instead, some old stories re-surface, inflation, pensions, banks in trouble - the major hemes just keep on going with no resolution yet in sight:
CU is away on business, see pic to the left, for most of next week and so posting from me will be light.
BAE Scandal - This just won't go away, too many dirty secrets with many more yet to be exposed.
HSBC part a - Major US activist suggest HSBC bail out of the US sub-prime mess.
HSBC part b - The last major UK bank to report has some quite hefty sub-prime issues.
Peloton collapse - the first of many UK hedge funds to blow-up, or the exception?
Rentokill failure - 3 years of new CEO, still a business with no meaning.
Virgin to quit Telly - Well not, quite, but to be getting out of the content market when you own distribution is a very odd move.
Non-doms to flee - Hmm, more pressure on the Government, we'll see what really happens.
Story of the week - 3UK - Best article by a mile which takes in dot com woes, Brown tax raids, poor management and technology changes; first class.
Premier Foods - A warning, that stagflation works in funny ways, with this stock which should be a gimme, instead in trouble
Pension crisis - Another report shows how badly the provisioning is currently in the UK - at a time when the demographics mean we should be in the opposite place.