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Sunday 10 March 2013

UK Financial News on 2013-03-10

Football finances concern for clubs
A BBC survey for Late Kick Off shows clubs are worried about the financial health of the Football League......

Saga home insurance premiums row
Saga has been criticised by campaigners for older people over its home insurance prices......

Big gains for Norway oil wealth fund
Norway's oil fund, one of the biggest investors in the world, rose in value by 13.4% last year, its second-best performance ever......

VIDEO: Yours for hire: A life of luxury
At the 2013 International Boat Show in Dubai many business are selling a dream of luxury living - but the less wealthy now have the opportunity to rent a yacht or supercar for a day......

VIDEO: Your Money: Pay day loans and older workers
This week on Your Money, Philip Hampsheir looks at negative equity in the housing market, the crack down on pay day lenders, and how working past retirement can affect people's pensions......

The start-up that was too successful
The clothing firm that found it was too popular.....

Carmakers look to SUVs for profits
Carmakers turn to sports vehicles for profits.....

The pensioners who choose to work
'Why I decided to work beyond state pension age'.....

GPS brings new clarity to city driving
March 10 - Spanish researchers are developing a low cost Global Positioning System (GPS), designed to overcome the so-called "canyon effect" of inner-city driving. Tall buildings often render a GPS useless in the city, but the researchers say their s.....

American Golf to create 250 jobs following sales surge
Britain's biggest specialist golf retailer American Golf plans to create 250 jobs after the success of Rory McIlroy, Luke Donald and the European Ryder Cup drove the company to record sales.<img width='1' height='1' src='http://telegraph.feedsport.....

UK more vulnerable from disruption to oil supplies
Petrol station closures and cutbacks in storage capacity have made Britain more vulnerable to oil supply disruptions, the Government has been told.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/29694a78/mf.gif' .....

Self-published authors hit by Amazon online royalties cut
Specialist and minor authors are being damaged by Amazon's online royalties scheme that punishes those who do not want to sell their books at knock-down prices, critics warned.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726.....

China to dismantle its entire railway minstry
Outgoing premier Wen Jiabao rules Ministry of Railways be split in two.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/296946ec/mf.gif' border='0'/><br/><br/><a href="http://da.feedsportal.com/r.....

Monday Interview: Former 'fat controller' Gerald Corbett
Ex-Railtrack chief with a thirst for the internet's upstart brands.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/296946ed/mf.gif' border='0'/><br/><br/><a href="http://da.feedsportal.com/r/158.....

Branson's airline heads for record losses
Sir Richard Branson's Virgin Atlantic is heading for record losses of as much as 135m, triggering fears of job cuts among the carrier's 9,000 staff.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/296963a3/mf.gif'.....

Our economic strategy is heading in the Japanese direction
The Prime Minster has warned us not to expect much from the coming Budget.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/296963a6/mf.gif' border='0'/><br/><br/><a href="http://da.feedsportal.co.....

Prudential to raise dividend
Prudential will this week provide some welcome relief for investors in UK listed insurers by raising its dividend and reporting a rise in profits.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2968d4d5/mf.gif' b.....

Germany's anti-euro party is a nasty shock for Angela Merkel
Political revolt against the euro construct has spread to Germany.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2968233f/mf.gif' border='0'/><br/><br/><a href="http://da.feedsportal.com/r/1589.....

Week ahead in business and economics: March 11 - 15
<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2967ccee/mf.gif' border='0'/><br/><br/><a href="http://da.feedsportal.com/r/158919964238/u/3/f/568300/c/32726/s/2967ccee/a2.htm"><img src="h.....

IMF faces losing second French boss
Christine Lagarde is part of an inquiry into whether former government officials were complicit in the payment of huge damages to a tycoon, which could lead to a second French head of the IMF being forced to step down.<img width='1' height='1' src.....

Branson's Virgin Atlantic faces record loss
Virgin Atlantic is facing record annual losses, raising fears of job cuts at the airline founded by Sir Richard Branson.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/296652b9/mf.gif' border='0'/><br/>&.....

Sunday papers business round-up
Here we look at what the business sections of national newspapers are reporting this Sunday.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/296673c4/mf.gif' border='0'/><br/><br/><a href="http:/.....

WPP's Sorrell needs bigger pay cut, warn investors
Sir Martin Sorrell's position at advertising company WPP has been thrown into doubt after investors warned they will push for his departure unless he takes a pay cut.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/.....

Dashwood: Dragon breathes fire into "disruptive" property start-ups
James Caan was clearly taking notes when Foxtons boss Jon Hunt sold to BC Partners for 390m at the peak of the housing bubble.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/29652496/mf.gif' border='0'/><br.....

Questor share tip: The trends are IMI's friends
IMI has tapped into global growth themes. Questor says hold.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/29652497/mf.gif' border='0'/><br/><br/><a href="http://da.feedsportal.com/r/1589199573.....

Questor share tip: Legal & General pleases with dividend
Legal & General ups dividend by 20pc, bucking the trend in the major players<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/29652498/mf.gif' border='0'/><br/><br/><a href="http://da.feedspor.....

Government leads exports push in developing countries
The government is to spearhead a campaign to help British businesses expand exports and strengthen supply chains to developing economies in Africa, Asia and South America.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/56.....

Wonga will double size of small business loans to 30,000
Wonga is to double the size of the loans that it offers small businesses as it attempts to bridge a growing finance gap for companies.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2963ad1f/mf.gif' border='0'/&g.....

MoD locked in BAE talks
The defence minister, Philip Dunne, has revealed that the Government is still locked in talks with BAE Systems over the future of British shipbuilding and issued a veiled threat about the implications of Scottish independence.<img width='1' height.....

Britain's engineers plan for 1m prize
Queen to give award as research shows value of 'the makers'.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2963ad22/mf.gif' border='0'/><br/><br/><a href="http://da.feedsportal.com/r/1589197899.....

Thomas Cook set to offload brands
Luxury travel agent Elegant Resorts and long-haul specialist Gold Medal could be put up for sale by Thomas Cook as new chief executive Harriet Green unveils her revival strategy this week.<img width='1' height='1' src='http://telegraph.feedsportal.....

Cable will back tax revolution
The government is to back controversial plans to force businesses to reveal the taxes they pay in every country they operate in.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2963ad24/mf.gif' border='0'/><.....

WH Smith brings back DVDs after HMV failure
The stationery retailer WH Smith is returning to the CDs and DVDs market following the collapse of HMV.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2963ad2d/mf.gif' border='0'/><br/><br/><a h.....

HMRC loses 1m as Jessops folds
Jessops, the photography retailer which was placed into administration in January, collapsed under debts of 81m, a third higher than original estimates.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2963ad34/mf......