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


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