Press Round-up – March 22

March 22, 2012

ECB eyes exit for crisis fund
The European Central Bank is falling behind on a 40 billion euros asset purchase programme launched at the height of the euro zone crisis, in a sign it could be dropped as a first step towards unwinding huge emergency support for the region’s financial system. (FT)

Press Round-up – March 21

March 21, 2012

Europe’s fiscal pact in disarray as Dutch break rules
The Netherlands, one of the euro zone’s “hardliners” on financial discipline, has the “same problems as Italy and Spain” and is on track to break Europe’s three-week-old fiscal pact, its own officials have warned. (Telegraph)

Press Round-up – March 20

March 20, 2012

Delay tactic to cost Treasury billions in tax
British finance minister George Osborne’s plans to scrap the 50 pence tax rate from next year could cost the Treasury billions of pounds in lost revenues as top earners delay taking income until the rate is cut, accountants warned. (Telegraph)

Press Round-up – March 19

March 19, 2012

Cameron unveils plans to sell roads and motorways
British Prime Minister David Cameron will on Monday clear the way for a multibillion-pound semi-privatisation of trunk roads and motorways as he announces plans to allow sovereign wealth funds from countries such as China to lease roads in England and Wales. (Guardian)

Press Round-up – March 16

March 16, 2012

Osborne poised to cut top-rate income tax
British finance minister George Osborne is poised to slash the top rate of income tax from 50 pence to 40 pence in next week’s budget in a dramatic move that will delight business, but risks reinforcing the Conservatives’ reputation as protectors of the super-rich.  (Guardian)

Press Round-up – March 15

March 15, 2012

Fitch warns that UK could lose coveted AAA credit rating
Britain’s hopes of retaining its prized triple-A credit rating were dealt a blow last night after Fitch put the country on watch for a downgrade. (Telegraph)

Press Round-up – March 14

March 14, 2012

Osborne looks at 100-year bond
The UK chancellor is aiming to launch an “Osborne bond” – a 100-year debt issue or even a perpetual gilt that never matures – to take advantage of the country’s historically low interest rates.  (FT)

Press Round-up – March 13

March 13, 2012

FTSE boards resist pressure to smash the glass ceiling
The drive to get more women into Britain’s biggest boardrooms is making progress but, according to critics, there is much more to be achieved at director level and below, according to a report published on Tuesday. (Times)

Press Round-up – March 12

March 12, 2012

Air industry calls for EU carbon tax delay
Airbus and six big European airlines have joined forces in an effort to delay plans by the European Union to force carriers to pay for carbon pollution, in a project that the aerospace groups say is jeopardising billions of dollars of orders and 2,000 jobs.  (FT)

Press Round-up – March 9

March 9, 2012

Ryanair threatens to sue over EC ‘bias’
Ryanair boss Michael O’Leary has threatened to sue the European Commission for damages amid claims that its official travel agency discriminates against low-cost carriers. (Telegraph)