The Bank of England has been accused of getting a “big call” on private bank regulation wrong by the architect of the Government's post-crisis financial reform drive, Sir John Vickers.
Hard cases make bad law. That, in essence, is the danger of the UK government's plan to allow British Steel to reduce its pension obligations in order to make Tata Steel UK more attractive to investors.
Daily Mail & General Trust (DMGT) actually beat some City forecasts at the half-year stage, although you wouldn't think so looking at its dreadful share price.
(ADVISORY- Reuters plans to replace intra-day European and UK stock market reports with a Live Markets blog on Eikon - see cpurl://apps.
johnnyhornby.jpg Heir apparent? Johnny Hornby has been touted as a possible successor to WPP's Sir Martin Sorrell The & Partnership.