Weekend Paper Roundup
The Guardian - ‘Brexit boom’ gives Britain record 134 billionaires, fuelling inequality fears - Labour looks at new tax bracket for those earning £80k-£150k - M&S puts faith in fashion novice from Halfords and retail veteran - Transport for London hopes to profit from licensing its brand overseas - French champagne house Taittinger plants first vines in English soil Financial Times - Wells Fargo set to unveil further cost cuts - VW plans to ‘leapfrog’ Tesla in electric car race - Trump visa crackdown spurs tech moves to Mexico - Bullish bets on oil fall to lowest since OPEC cut - Euro hits 6 month high against dollar on Macron win The Wall Street Journal - China takes aim at Boeing, Airbus - Brexit besets clearers in UK - Societe Generale to pay Libya $1.1 billion - Big Oil gets in early on Argentina shale - Australia vows to counter a hedge fund’s BHP move The Telegraph - Bank of England to steady growth expectations this week - EU immigrants vital to UK economy, CBI warns - Upstart challenger banks eye consolidation - £1 billion boost for stock market as TMF opts for London float - Sage of Omaha Warren Buffett eyeing benefits of Trump tax cut The Times - Consumers feel inflation and wage squeeze - Energy firms fail to pass on cost cuts to customers - Europe blow for Liberty Global - Contingency plan in place in cast Lloyds’ chief bolts - Twitter sells its case to advertisers looking online Daily Mail - RBS shareholders being urged to vote against bosses’ potential bonuses - Petrochemicals giant Ineos creates two more billionaires after raking in record profits - Credit Suisse hits alarm bell as it downgrades UK rating and reins in risky property lending - Shareholders set to revolt in vote for Barclays boss after whistleblowing scandal - Brexit-bashed British Airways owner IAG posts a record profit for the first 3 months this year
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