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Sunday share tips: Begbies Traynor, Marks&Spencer
Hold onto shares of Begbies Traynor, the Mail on Sunday's Midas column said, predicting that the stock would continue to rise.
Sunday newspaper round-up: Sovereign wealth fund, Easyjet, Heathrow
The Treasury is weighing plans for a “bad bank” to hold stakes in bailed-out businesses amid fears that nationally significant firms could fail in the Covid-19 crisis. The plans, which are at an early stage, range from creating an “asset resolution” scheme to recoup value for taxpayers, to a sovereign wealth fund. The plans echo the Labour government’s establishment of a bad bank during the 2008 financial crisis, when UK Financial Investments (UKFI) was set up to manage the mortgage books of Northern Rock and Bradford & Bingley after they collapsed.