You are here: Home - Investing -

Monday newspaper round-up: BP, Morrison, Vince Cable…

Written by:
BP says US law firms reaping benefits of oil spill distater; Morrisons' boss in call for online sales tax; Cable to annoucne new plans for UK businesses.

BP claims that US law firms in the Gulf of Mexico area have won some of the biggest compensation awards for themselves under settlements for the Deepwater Horizon disaster, caused by a misinterpretation of the deal, the Financial Times revealed.

Morrison Supermarkets chief executive Dalton Philips said the British grocer is ready to pay an online sales tax on its new internet delivery business if the government is willing to address the “massive disadvantage” that the high street suffers compared to web-based retailers, The Telegraph said.

Business Secretary, Vince Cable, is on Monday set to announce plans to increase trust in UK businesses including new powers to disqualify directors, according to The Guardian.

General Electric is said to be considering a £3.5bn bid for Invensys, which makes components for oil refineries, The Independent reported.

Tesco is looking to open its first store that combines a large Tesco Extra and a Dobbies garden centre in October, The Times reported.


Tag Box

There are 0 Comment(s)

If you wish to comment without signing in, click your cursor in the top box and tick the 'Sign in as a guest' box at the bottom.

The savings accounts paying the most interest

If one of your jobs this month is to get your finances in order, moving your savings to a higher paying deal i...

Coronavirus and your finances: what help can you get in the second lockdown?

News and updates on everything to do with coronavirus and your personal finances.

Everything you need to know about being furloughed

If you’ve been ‘furloughed’ by your company, here’s what it means…

What will happen if rates change

How your finances will be impacted by a rise in interest rates.

Regular Savings Calculator

Small regular contributions can build up nicely over time.

Online Savings Calculator

Work out how your online savings can build over time.

Having a baby and your finances: seven top tips

We’re guessing the Duchess of Cambridge won’t be fretting about maternity pay or whether she’ll still be...

Protecting family wealth: 10 tips for cutting inheritance tax

Inheritance tax - sometimes known as 'death tax' - can cause even more heartache for bereaved families. But th...

Travel insurance: Five tips to ensure a successful claim

Ahead of your summer holiday, it’s important to make sure you have the right level of travel cover or you co...

Money Tips of the Week

Read previous post:
Quarter of Brits expect house prices to rise 5% in a year

A quarter of Brits predict the average UK house price will rise by 5% over the next 12 months.