Sunday, 13 April 2008
Sunday Business Round Up - 13 April
CU is back and a little refreshed from a short break. Glad to see Mr BQ kept a very good set of posts up here in my abscence.
Back to work tomorrow so makes sense to catch-up on what glories I have missed being away. My rare access to BBC World whilst abroad afforded me too much information on domestic politics in Zimbabwe and some eco-warbling on a gigantic scale!
Here are the best 10 stories in the papers today:
L&G joins Rock legal action - The long-running saga about orthern Rock continues, as shareholders seek some redress from the Government nationalisation.
Brown to save the day - Illustrious PM Gordon Brown is to meet with bank leaders to resolve all their issues. Time fir taxpayers to hide...
Swedes to get in on British Energy - With our government gauranteeing all the clean up costs, unsurprisingly everyone else wants in on the act...
..but Centrica frozen out - RWe and EDF not set to include them in any bid for British Energy.
G7 falis to make agreement - Global finace ministers fail to reach any useful agreement to cure the credit crunch. Given that non one knows the answers that are cost-free, this is not all that surprising..
Citigroup and others face balance sheet woes - Banks still have a lot of bad debt to won up to.
GE profits slide - US bellweather suffers in finance and healthcare, even as its industrials group powers ahead.
BT stomps feet over new network - Market leader does not want to support its customers when it moves to build a new work. Csutomers service has never really been in its mantra has it!
Soros advice to prospective new US presidents - A thoughtful piece of commentary.
Can interest rate cuts help - Following on from Schadenfreude and others comment this week, a longer article on the subject in the Indy.