And in the real world...Bank bailout bill, Tesco, T-Mobile and more

LONDON - Today's round-up of the biggest business stories.

World news...round-up
World news...round-up

The worst of the recession is over, according to CBI forecasts, but the employers’ group predicts a recovery is not expected to begin until the spring of 2010.
Source: The Times


The chancellor, Alastair Darling, is to admit that the bill for the Government bank rescue could amount to £60 billion and that the Government will not recoup the full costs of its banking interventions.
Source: The Financial Times

Building societies, including Chelsea Building Society and the Skipton, will enter into negotiations with the Bank of England this week in a bid to bolster their levels of mortgage lending.
Source: The Times

Tesco is expected to confirm it is dropping its plans for its US offshoot Fresh & Easy to break even this year when it unveils record £3 billion full-year profits tomorrow.
Source: The Guardian

The National Lottery operator, Camelot, could come under the control of foreign companies as a founding shareholder, the British banknote printer De La Rue, becomes the latest to consider a sell-off.
Source: The Times


T-Mobile is poised to announce the appointment of Richard Moat, who resigned as the head of Orange’s Romanian business last month, as its new UK boss, in a move which will lead to speculation about a new restructuring of T-Mobile.
Source: The Guardian

Topics

Become a member of Campaign from just £45 a quarter

Get the very latest news and insight from Campaign with unrestricted access to campaignlive.co.uk ,plus get exclusive discounts to Campaign events

Become a member

Looking for a new job?

Get the latest creative jobs in advertising, media, marketing and digital delivered directly to your inbox each day.

Create an Alert Now

Partner content

Share

1 Why creative people have lost their way

What better way to kick off the inaugural issue of Campaign's monthly print offering than with another think piece on the current failings of our industry, written by an embittered, pretentious creative who misses "the way things used to be"...

Share

1 Job description: Digital marketing executive

Digital marketing executives oversee the online marketing strategy for their organisation. They plan and execute digital (including email) marketing campaigns and design, maintain and supply content for the organisation's website(s).