Full List Of Stories
Monday newspaper round-up: Defence budgets, trade deal, house prices, LSE
Growing global tensions mean defence spending is about to hit its highest level since the Cold War peak of the Eighties. Data from IHS Markit Jane’s defence analysts forecast that arms spending will hit $1. 67 trillion in the coming year – overtaking the recent high seen in 2010 of $1. 63 trillion. - Telegraph.
Thursday newspaper round-up: Brexit defeat, Ofwat, Russian gas, Heathrow
Theresa May suffered her first Brexit defeat in the Commons last night as Tory “mutineers” ensured that MPs must approve the terms of Britain’s departure from the EU. The move prompted recriminations from Leave supporters who accused pro-Remain MPs of trying to delay or reverse the EU referendum result by creating the opportunity to reject the terms of withdrawal at a later date. - The Times.
Tuesday newspaper round-up: Trump tax warning, oil pipeline, Comcast, wages
Philip Hammond has joined other EU treasury ministers in warning President Trump about tax plans that they say would breach international agreements and hammer the City of London. In a letter they express “significant concerns” that the Trump administration’s tax plans would have a “major distortive impact on international trade”. - The Times.
Monday newspaper round-up: Brexit, energy cap, fund charges, defence review
Theresa May will insist that “nothing is agreed until everything is agreed” on the terms of Brexit after the Irish government claimed that last week's preliminary deal is binding. The Prime Minister will say in the House of Commons on Monday that although she is optimistic that a deep and special future deal can be agreed, last week's agreement is contingent on such an outcome. - Telegraph.
Sunday share tips: Croda International, Dignity, Warpaint London
Shares in Croda International are also an "avoid" for Questor in the Sunday Telegraph. The company manufactures speciality and industrial chemicals used in many everyday items such as cosmetic creams, dietary supplements, foods, plastic bags and motor vehicles. It has progressed far since its days of refining grease from sheep's wool to make lanolin by employing clever people and rewarding them well, including with a final salary pension scheme, which is all part of management taking a long-term view and investing millions each year in research and development.
Sunday newspaper round-up: Retail M&A, Unilever, Brexit trade deal, bitcoin, Apple
The City is beginning to talk excitedly about the prospect of a flurry of deals in UK retail as many of the big names seriously struggle, with the tipping being the expected green light for Tesco's takeover of wholesaler Booker. A tie-up between Marks & Spencer and Sainsbury’s is one, but senior retailers insist almost anything is possible in the current climate, involving Next, Morrisons, Asda or the long-rumoured merger of Debenhams and House of Fraser. - Sunday Telegraph.
Monday newspaper round-up: BIS warning, Bitcoin, BT, AstraZeneca, Fox
Investors are ignoring warning signs that financial markets could be overheating and consumer debts are rising to unsustainable levels, the global body for central banks has warned in its quarterly financial health check. The Bank for International Settlements (BIS) said the situation in the global economy was similar to the pre-2008 crash era when investors, seeking high returns, borrowed heavily to invest in risky assets, despite moves by central banks to tighten access to credit.
Friday newspaper round-up: Productivity, Opec, Stagecoach, IAG, RBS
Raising productivity is a far bigger economic challenge for Britain than Brexit, senior officials at the Office for Budget Responsibility said yesterday as they hit back at allegations of bias. Leave supporting politicians have accused the office of producing excessively gloomy forecasts that cast Brexit in a bad light but Robert Chote, chairman of the government’s fiscal watchdog, said the claims were “without any foundation whatsoever”. - The Times.