You are here: Home - Investing -

Tuesday newspaper round-up: Bankers, GSK, McDonald’s

Written by:
More UK bankers paid above €1m; GSK behaved like 'criminal godfathers', says China; McDonald's comes to Vietnam.

The European Banking Authority said Britain is home to three times as many millionaire bankers as every other European Union country put together with 2,436 bankers paid more than €1.0m in 2011, according to The Times.

Chinese police have claimed GlaxoSmithKline behaved like a criminal “godfather” in China, offering bribes and accepting “sexual favours” in return for business, The Telegraph unveiled.

US burger chain McDonald’s is set to open its first outlet in Vietnam early next year, the Financial Times reported.

The UK’s coalition government is taking drastic action to start infrastructure plans by hiving off the Highways Agency as a Network Rail-style public company and giving it a long-term funding settlement to carry out a £28bn road-building spree, The Guardian said.

Federal Reserve Chairman Ben Bernanke‘s influence over markets will be put to the test on Wednesday when he delivers what is likely to be his last monetary policy report to US Congress, the Financial Times pointed out.

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?

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:
Social media investment network adds stocks and shares

Social media investment network, eToro, has added stocks to its platform, giving consumers a new way to invest in major...