We use cookies to improve site performance and enhance your user experience. If you'd like to disable cookies on this device, please see our cookie management page.
If you close this message or continue to use this site, you consent to our use of cookies on this devise in accordance with our cookie policy, unless you disable them.

In association with

Home > Investments > UK

By Rebecca Clancy | Published Jun 21, 2012

Morning papers: Banks to get cheap money to lift UK lending

The government’s new “funding for lending” programme, designed to boost credit for British business, will cut banks’ costs to as little as 1.2 per cent, according to people briefed on the scheme, reports the Financial Times.

Bailout fund should buy euro debt

A top European Central Bank policy maker has publicly backed the rapid use of the eurozone’s bailout fund to buy distressed sovereign bonds on the open market, saying such action could ease the “very severe strain” being felt by Spain and Italy, reports the Financial Times.

G20 backs Europe’s overhaul to fight crisis

Europe won support from world leaders on Tuesday for an ambitious but slow-moving overhaul of the euro zone, even as pressure built in financial markets for quicker solutions to its debt crisis that threatens the world economy, reports Reuters.

Debt crisis: bond buying plan to ease euro debts only ‘theoretical’ says Angela Merkel

Angela Merkel put Germany on a collision course with its European neighbours by insisting an idea to allow bail-out funds to buy Spanish and Italian debt was “purely theoretical”, reports The Telegraph.

Spain expected to request bank aid after debt test

Spain’s borrowing costs will probably hit a new euro era high at a debt auction on Thursday, a few hours before it sheds light on the dire state of its weaker banks and possibly makes a formal request for European Union funds to rescue them, reports Reuters.

Fed to pump $267bn (£170.3bn) into economy with warning that US recovery is slowing

The US Federal Reserve announced a $267bn plan to underpin the US’s fragile recovery Wednesday as chairman Ben Bernanke warned that unemployment was unlikely to improve before the end of the year, reports The Guardian.

Greek coalition to plead for leniency on bail-out

Greece will on Thursday begin the uphill struggle of trying to secure revisions to its mammoth international bailouts, just hours after ending its protracted political crisis by forming a coalition government, reports The Telegraph.

Fresh signs of fall in Chinese economy

China’s manufacturing sector has slowed further in June and a decline in new orders shows that the weakness is likely to drag on, according to a survey released on Thursday, reports the Financial Times.

visible-status-Standard story-url-IA WEB 210612 Morning papers.xml

Most Popular
More on FTAdviser