(MENAFN- ProactiveInvestors) The Times
Juncker: the Anglo-Saxon world is ready to crush euro: Hostile speculators in the City of London are waiting to destroy the single currency if Greece leaves the Eurozone the President of the European Commission has warned.
Tyrie demands Commons recall for RBS in ‘asset-stripping’ row: must explain to MPs whether it misled them over the activities of its global restructuring group Andrew Tyrie said.
Private equity queues to get a New Look in: A queue of bidders lining up to prepare offers for New Look have raised the prospect of the high street retailer being sold instead of floated.
Rich opt to rent before the election: A surge in the number of wealthy people renting instead of buying a house before the general election has lifted the growth in average annual rent in prime central London to 4.1% per month in the 12 months to April the fastest pace in three years.
The Independent
Election nerves deliver worst building activity in two years: Uncertainty about the result of the general election helped push Britain’s builders down to their worst performance in nearly two years in April the financial data firm Markit said.
Fashion entrepreneur Harold Tillman planning a ‘new Jaeger’: The fashion entrepreneur Harold Tillman has spoken out against the way Jon Moulton’s Better Capital has run Jaeger since taking it over from him and declared he would start a rival business to serve disappointed Jaeger customers.
Lufthansa in the red after Germanwings crash and pilot strikes: Lufthansa Europe’s biggest airline and the Owner of the budget airline Germanwings has warned that it will continue with deep cost cuts as it tries to put itself on a firmer foundation.
The Daily Telegraph
’s Angela Ahrendts paid nine times more than boss Tim Cook: Angela Ahrendts ’s head of retail and online was paid nearly $83 million last year around $10 million more than previously thought.
Two more directors to leave: Two more Non-Executive Directors have stepped down at including the chairman of its audit committee meaning an overhaul of the supermarket group’s entire senior team is almost complete.
US economy slides into reverse as trade deficit balloons: The US economy may have slipped into reverse at the start of the year as a widening trade deficit has taken its toll.
BG chief: I have mixed emotions over £46bin Shell deal: Chief Executive Helge Lund revealed he has “mixed emotions” over ’s $70 billion (£46 billion) takeover bid which came only two months after he took the top job.
Bankrupt Greeks blame Troika divisions for debt impasse: Greece’s embattled government has blamed a schism within its creditor powers for the three-month bail-out impasse which risks throwing the country out of the Eurozone.
HP claims Mike Lynch sacked Autonomy finance boss to silence concern over sales: Hewlett-Packard has alleged that Mike Lynch ordered the sacking of Autonomy’s Finance Chief in the United States after he raised questions about accounting practices that the Silicon Valley giant claims were part of a £3.2 billion fraud.
The Guardian
UK economic growth predicted to slow as construction industry struggles: Britain’s economy will grow at a slower pace this year and faces serious risks from weak productivity and a troubled Eurozone a leading thinktank has warned.
shareholders rebel against Helge Lund pay deal: investors have rebelled against the pay deal for the company’s Boss Helge Lund after an annual meeting where the package worth up to £25 million was branded “outrageous” by one shareholder.
Chief attacks George Osborne over bank levy: ’s Boss has hit out against the Chancellor’s bank levy warning it would end his efforts to increase dividend payments to shareholders as he said a review of whether to move Britain’s biggest bank out of the U.K. would be completed by the end of the year.
Daily Mail
reaps the benefits of going from ‘cheap and nasty’ to ‘cheap and cheerful’ says Boss: saw its passenger number soar by 16% to 9 million last month as Boss Michael O’Leary said it was reaping the benefits of swapping its ‘cheap and nasty’ reputation in favour of being ‘cheap and cheerful’.
unveil crucial Autumn/Winter collection in bid for sales boost: unveiled its crucial Autumn/Winter clothing collection ahead of full year results later this month writes Rupert Steiner.
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