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ShareCast News - Press Round-Up





Sunday newspaper round-up: Brexit dealings, banks, insurance M&A, Virgin Money

(Sharecast News) - Ministers are prepared to thrash out a compromise with Tory rebels on Brexit this week to avoid a defeat that could torpedo Theresa May's remaining authority. Senior figures say Downing Street could seek a new deal with Dominic Grieve, the former attorney-general, who has been negotiating with No 10 after their talks collapsed last week. - Sunday Times
[17 Jun '18 17:33]

Friday newspaper round-up: Brexit rumbles, DoJ climb-down, Lloyds

(Sharecast News) - Theresa May faces a confrontation with pro-EU Conservative rebels after abandoning a compromise over how parliament should be consulted at the end of Brexit negotiations. After two days of talks ministers said they would not accept demands from more than a dozen rebels that parliament should be able to influence the direction of Brexit in a case of no deal. Instead, the government published an amendment to its main legislation that critics said would give MPs less control. - The Times
[15 Jun '18 06:49]

Thursday newspaper round-up: Banks, Rolls-Royce, fossil fuels, Dixons fines

(Sharecast News) - Banks have been warned that they are set to face tougher penalties for online failures as they continue to shut branches and push customers towards digital services. Regulators will be "less tolerant" if customers endure technical glitches, Nicky Morgan, chairwoman of the Treasury select committee, said yesterday. - The Times
[14 Jun '18 07:09]

Wednesday newspaper round-up: AT&T, WPP, Co-op Bank, Serco boss

(Sharecast News) - The senior PricewaterhouseCoopers accountant who audited BHS's accounts ahead of its sale for 1 just a year before the department store chain collapsed is facing a 15-year ban and six-figure fine from the industry watchdog. Steve Denison, who spent more than 30 years at PwC according to his LinkedIn profile, becoming a partner, is understood to have been facing a 500,000 fine from the Financial Reporting Council (FRC), reduced to 325,000 after he agreed to cooperate. - Guardian
[13 Jun '18 06:58]

Tuesday newspaper round-up: Singapore, Brexit dealing, NHS, WPP

(Sharecast News) - Donald Trump and Kim Jong-un have signed a document that will see the denuclearisation of North Korea begin "very quickly", the US president announced. After a working lunch concluded a morning of negotiations in Singapore, the two leaders held a signing ceremony, with Mr Trump calling it a "comprehensive" agreement. Mr Kim said "we are leaving the past behind us" as he said "the world will see a major change". - Telegraph
[12 Jun '18 06:57]

Monday newspaper round-up: Trade wars, Italy, Brexit, water companies

(Sharecast News) - Germany accused President Trump last night of destroying Europe's trust and threatened to retaliate against new trade tariffs as the row over the weekend's disastrous G7 summit in Quebec escalated. In a combative appearance on German TV, Angela Merkel said that the EU was ready to take on the US in a trade war, and described Mr Trump's behaviour in the aftermath of the G7 meeting as "sobering and a bit depressing". - The Times
[11 Jun '18 06:38]

Sunday newspaper round-up: Brexit, Russia, inflation, Rolls-Royce, Sainsbury's

(Sharecast News) - The hidden scale of Kremlin links to the biggest donor to the Brexit campaign are revealed today. Arron Banks, the millionaire businessman who helped fund Brexit, was offered a business deal involving six Russian goldmines. He also had undisclosed meetings with the Russian ambassador to Britain - set up by a suspected Russian spy - and paid a previously unknown visit to Moscow at the height of the campaign. - Sunday Times
[10 Jun '18 13:53]

Friday newspaper round-up: CBI, G7, Pfizer, TSB, Thames Water

(Sharecast News) - Britain's leading employers' organisation, the Confederation of British Industry, has warned the UK economy will shift down a gear this year and risks remaining in the slow lane because of Brexit. Cutting its growth forecasts for the year, owing to heavy snowfall in the opening months of 2018 and lingering fears over Brexit, the CBI said it expected the growth rate for the British economy to slow to 1.4%, from 1.8% last year. - Guardian
[8 Jun '18 07:22]

Thursday newspaper round-up: Carillion, TSB, Alphabet, GVC Holdings

(Sharecast News) - Accountants and lawyers will earn 70m managing the fallout from the collapse of Carillion, according to the National Audit Office, with taxpayers expected to foot a bill of more than 150m. In a report into the government's handling of the outsourcing company, the NAO said the liquidation of Carillion showed the government had "further to go" in understanding the financial health of suppliers whose failure could have major consequences. - Guardian
[7 Jun '18 07:21]

Tuesday newspaper round-up: Brexit, AstraZeneca, Johnston Press, Heathrow

(Sharecast News) - Theresa May has a week to forge a compromise with Tory rebels over Brexit after she tabled votes on key legislation for next Tuesday, with 12 backbenchers threatening to inflict a defeat in a vote on future customs arrangements. They believe that the government will put forward its own compromise agreement within days but claim it is unlikely to be enough to buy them off. - The Times
[5 Jun '18 07:41]



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