Weekend Paper Roundup
Financial Times - Renminbi’s worth month ever sparks currency war fears - EU warns of $300 billion hit to US over car import tariffs - Debt at UK listed companies soars to record high - Wagamama attracts interest from private equity groups -Trump pushes Saudi Arabia to maximise oil output The Guardian - Brexit transition could be extended to help firms, Clark suggests - Thameslink operator stands to lose franchise if chaos persists - NHS preparing for disruption to supplies from no-deal Brexit - Landlords react with fury to three-year tenancy plans - Go-ahead given for merger of Tata Steel and Thyssenkrupp The Telegraph - Persimmon faces further bonus anger as 130 staff set to share £300 million payout - Trump labels Europe ‘possibly as bad on trade as China’ - Barclays wins S&P’s support as battle with Bramson runs on - Silver surfers avoid sharing economy apps as Uber and Airbnb embraced by young - Monzo losses widen but the digital bank’s user numbers surge The Times - Big Four risk losing public trust, says KPMG - Hammerson shops for new strategy - Brexit pessimism highest since vote - Nike and Adidas go head to head at the World Cup - Financial sector defies gloom and keeps hiring Daily Mail - Former WPP boss Sir Martin Sorrell raises £100 million for new advertising venture which has won support from Unilever - More than 6000 British broadcasting jobs are put at risk as firms look to move to Europe after Brexit - Speculators place a collective £800 million bet on a slump in M&S’ share price following John Lewsi’ shock profit warning - Online property firm Emoov bids for ailing Countrywide, as its value plunges from £1 billion to less than £90 million - Tory donors slam Theresa May’s Government for ‘declaring war on business’ and the ‘clueless’ approach of senior Brexiteers
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