Market Buzz
Monday newspaper round-up: Inflation, HSBC, Destiny Pharma
Worries about rising inflation among UK consumers are at their greatest in three and a half years, while people’s confidence in Britain’s financial situation has worsened, according to a survey. A monthly poll by Lloyds Bank found that 65% of people felt negative about levels of inflation in July, up from 60% in June and the highest level since January 2014. – Guardian.
Friday newspaper round-up: Philip Green, John Lewis, SSE, VW
Sir Philip Green has threatened the MP Frank Field with legal action after the Labour politician claimed to have seen leaked details of the official investigation into the BHS pension crisis. Last week Field told a radio programme that he has new information from the original investigation launched by the Pensions Regulator into the £571m BHS pension black hole left by the owners when the high street chain collapsed in April last year. – Guardian.