Chairman of the Treasury Select Committee Andrew Tyrie talks UK outlook in the current eurozone climate #JeffRandallLive
Sanford Bernstein's senior telecomms analyst Robin Bienenstock talks to #JeffRandallLive about KKR's takeover bid for Everything Everywhere
Standard & Poor's: The narrow victory for pro-bailout parties in #Greece's election has no immediate impact on the country's credit ratings.
For the latest on the eurozone crisis #JeffRandallLive is LIVE in both Athens and Frankfurt NOW.
In a moment #JeffRandallLive will also go LIVE to @SkyNews Economics Editor @EdConwaySky who is at the G20 summit in Mexico.
Joining #JeffRandallLive are Italian economist and author Loretta Napoleoni and Gabriel Sterne, senior economist at investment house Exotix.
Loretta Napoleoni: The real problem is Spain and then Italy; they are very large economies and there is not enough to bail them out.
Gabriel Sterne: I don’t think there’s anything inevitable about Greece leaving the euro; unfortunately for Germany they need to be generous.
Loretta Napoleoni: Problem with Italy is govt losing public consensus without this I doubt govt will be able to carry out proposed reform.
Next on #JeffRandallLive speaks with Mintel's Director of Retail Research Richard Perks on TESCO's strategy for Japan exit.
Next: #JeffRandallLive speaks with Mintel's Director of Retail Research Richard Perks on TESCO's strategy for Japan exit.
Richard Perks, director of retail research @Mintel: One of the greatest things about Tesco is their ability to recruit and pull from inside.
New Democracy party source: Greek parties that back the country's international bailout will agree to form a coalition government on Tuesday
Richard Perks: problems Tesco has in UK are workable; you shouldn't start kicking Tesco because the core company going through a rough patch
Treasury Select Comm's Andrew Tyrie: disproportionate amount of financial transaction tax paid by Brits wholly unacceptable #JeffRandallLive
Tyrie: shorter term measures and bailouts do not address fundamental problems of the euro zone #JeffRandallLive
Tyrie: don't see how financial transaction tax can be implemented meaningfully without EU wide agreement which is unlikely #JeffRandallLive
Robin Bienenstock senior telecomms analyst Sanford Bernstein: private equity invests more than publically quoted businesses #JeffRandallLive
Christina Kirchner just arrived at the Bond villain-esque G20 conference centre in Los Cabos wielding a parasol
EC's Barroso tells @SkyNews: "of course I would have preferred some of the [crisis] decisions to be quicker but we are 27 democracies"
Barroso on market slide post-Greece elex: "I don't comment on market reactions. I'm concerned & focused on what we need to do ourselves"
IMF's @Lagarde announces IMF warchest to be increased by $456bn after a further 12 countries confirm they are providing resources
Share markets seen edging up at open after yesterday's Greek election-inspired volatility. Financial bookies: FTSE100 +15, DAX +6, CAC40 +8
Homebase like-for-like sales down 8.3% in past 13 weeks - blames rain. Argos down 0.2% in same period
Whitbread to create 3,500 jobs at its Costa Coffee and Premier Inn chains
Reuters: Bank Of Spain source says the second more detailed audit of Spanish banks has been delayed until Sept from July
Bank of Spain: 2nd, more detailed audit, of Spanish banks delayed to September from July 31, 1st stage of audits still due June 21
Leader of Greece's PASOK Socialists: Government will be formed as soon as possible, but no agreement yet with Democratic Left on coalition
Earlier tweet on 2nd, more detailed audit, of Spanish banks delayed to September from July 31 should be attributed to Bank of Spain 'source'
ONS: Consumer Prices Index (CPI) measure of inflation fell to 2.8% in May, from
3% in April
Reuters: Greek moderate left party leader Kouvelis says government will be formed, but may not be within the day
Unite union: Royal Bank of Scotland to cut 600 jobs from its financial planning
service
The Royal Bank of Scotland is to cut 600 jobs from its financial planning
service
Ouch! £10,000 invested 5 yrs ago in savings worth £9,209 today (allowing for inflation, average interest and tax at 20%) Moneyfacts.
AFP: US chemists Walgreens to spend $6.7bn on 45% of Boots
American retailer Walgreens is to take a 45% stake in UK retail chain Alliance
Boots, with the option of full control by 2015
Boots has confirmed global partnership with US firm Walgreens that could lead to Walgreens taking over the business in 3 years time.
EU Commission: No new bailout agreement envisaged for Greece
Fitch Ratings cuts 3 Egyptian banks to 'B+', outlook is negative
French president Hollande saying here at #G20 that IMF should not backstop the euro area. Translation: Germany must backstop the euro area
NB: whoever's in Greek coalition after negotiations, their 1st job will be welcoming in the IMF/EU inspectors to see if their aid continues
Party officials: #Greek parties meet shortly to discuss policy issues and the make-up of a cabinet in a new coalition government
Turkey Slams Syria's 'Heinous Attack'
Syria: Troops Given Orders To Kill
Homes Damaged In Large Explosion
NHS Trust Put Into Administration
Garden Search For Missing Mother
Chairman of the Treasury Select Committee Andrew Tyrie talks UK outlook in the current eurozone climate #JeffRandallLiveby Randall Team via twitter 6/18/2012 4:07:58 PM
Standard & Poor's: The narrow victory for pro-bailout parties in #Greece's election has no immediate impact on the country's credit ratings.by Peter Hoskins via twitter 6/18/2012 5:02:26 PM
Christina Kirchner just arrived at the Bond villain-esque G20 conference centre in Los Cabos wielding a parasolby Ed Conway via twitter 6/18/2012 8:50:31 PM
Homebase like-for-like sales down 8.3% in past 13 weeks - blames rain. Argos down 0.2% in same periodby Sky News Business via twitter 6/19/2012 6:10:46 AM
Ouch! £10,000 invested 5 yrs ago in savings worth £9,209 today (allowing for inflation, average interest and tax at 20%) Moneyfacts.by Joel Hills via twitter 6/19/2012 9:04:03 AM
UK News Feed