Friday newspaper round-up: Greek banks, Labour party, Ukraine
"Panicking pensioners queued at banks, raided their accounts and broke into a board meeting of the state pension fund yesterday as Greece struggled to pay its two million pension recipients," The Times writes.
Banks
4,677.17
15:45 15/11/24
FTSE 100
8,060.61
15:45 15/11/24
FTSE 350
4,453.56
15:45 15/11/24
FTSE All-Share
4,411.85
15:45 15/11/24
HSBC Holdings
717.50p
15:45 15/11/24
Media
12,522.60
15:45 15/11/24
Oil & Gas Producers
8,043.72
15:45 15/11/24
Shell 'A'
1,895.20p
17:05 28/01/22
WPP
812.20p
15:45 15/11/24
Labour leader Ed Miliband has ruled out a coalition with the Scottish National Party, saying that he would rather not be prime minister than do any deal with the SNP, writes the Financial Times.
According to NATO's military chief, Russian-backed forces are preparing for a new offensive in eastern Ukraine, writes The Wall Street Journal.
Sir Martin Sorrell was paid nearly £43m in 2014, making the WPP boss the best paid chief executive of a UK-listed company by a long way, The Guardian writes. The next highest paid was Ben van Beurden from Shell who received £17.5m.
HMRC is facing legal action over its failure to prosecute hundred of UK customers of HSBC who used its Swiss bank to evade tax, according to The Guardian.
The Telegraph said that a record £1bn was pulled out of UK equity funds in March amid uncertainty ahead of the election, with investors moving their money into European funds.
An incoming Labour government will not drive banks and wealth creators out of Britain, according to shadow chancellor Ed Balls, who promised not to pursue "heavy-handed and dirigiste" regulation, the Financial Times writes.