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Sunday 14 July 2013

UK Financial News on 2013-07-14

Batteries 'not linked' to 787 fire
There is no evidence of a direct link between the Boeing 787 Dreamliner's batteries and the fire at Heathrow Airport on Friday, an investigation finds......

Icahn improves Dell takeover offer
Billionaire investor Carl Icahn improves his bid to thwart plans to take computer maker Dell private......

Khan targets 'next level' with Fulham
Fulham's new owner Shahid Khan says he intends to build on the work of the club's previous owner Mohamed Al Fayed......

VIDEO: Insurance: Watch out for small print
Insurance companies have been accused of refusing to pay out on claims, by using excuses written into the 'small print' detail of policies......

VIDEO: What now for fragile Egypt economy?
An interim leader is in place following the ousting of Mohammed Morsi, but will this be enough reassure investors wanting to do business in Egypt?.....

VIDEO: Making ends meet after India floods
Flash floods in the Indian state of Uttarakhand in June left more than 800 dead and thousands missing, while relief efforts have been hampered by bad weather......

Confused about inflation?
The BBC's Hugh Pym will answer your questions.....

Keeping the summer holidays cheaper
How to keep the kids happy without breaking the bank.....

Israeli researchers walk the walk with gait analysis device
July 14 - An Israeli company is developing an inexpensive gait analysis device it believes will help doctors diagnose previously undetected medical conditions. The study of a person's walking style can reveal much about their health, and the company .....

Ailing Co-op Bank could seek billions from taxpayers
Taxpayers risk having to provide billions of pounds of emergency support to the stricken Co-operative Bank if the mutual's rescue plan fails.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2ea5e9b2/mf.gif' border.....

Invensys 'put itself up for sale ahead of bid approach'
Invensys effectively put itself up for sale before the French group Schneider Electric signalled a potential 3.3bn offer last week, analysts have claimed.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2ea5e9b4/m.....

Morrisons' boss in call for online sales tax
Dalton Philips has said Morrisons is ready to pay an online sales tax on its new internet delivery business if the Government is willing to address the "massive disadvantage" the high street suffers compared to web-based retailers.<img width='1' h.....

Catalogue company gets 10m banks boost
A fund backed by the UK's five biggest banks has invested 10m into a Yorkshire company which prints catalogues for the likes of Boden and The White Company.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2ea5e9b5.....

Firmdale checks in with record revenues
Firmdale Holdings, one of the UK's biggest privately owned boutique hotel chains, is to announce a 5.4pc increase in revenue to a record 78.4m for the year to 31 January.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568.....

Boeing braced for findings from investigation into Dreamliner fire
Boeing shares could come under fresh pressure when the results of an investigation into last week's fire on board a Ethiopian Airlines 787 are known.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2ea5e9b7/mf.gif.....

Clippers may return to cut transport costs
50 years after their heyday, clippers are set for a comeback as an eco-friendly way of transporting cargo<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2ea5e9b9/mf.gif' border='0'/><div class='mf-viral'>.....

Gulf Keystone steps up board row
Oil group Gulf Keystone Petroleum has stepped up the tempo of the corporate governance battle with City investor M & G Recovery with a scathing attack on a former director.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726.....

Boris backs Isle of Grain for airport
Boris Johnson's support for a Thames Estuary airport has cooled, with London's mayor now throwing his weight behind plans to site it on the Isle of Grain, in north Kent.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/5683.....

Silicon Roundabout has the most start-up traffic
Silicon Roundabout is the most prolific area of new business generation in the UK.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2ea5e9bb/mf.gif' border='0'/><div class='mf-viral'><table border='0'&g.....

Cable's bank 'may not meet the needs of UK business'
Vince Cable's 3.9bn Business Bank is "shaping up to be a missed opportunity" that will fail to address the "finance gaps" that constrain the growth of small companies, business groups have warned.<img width='1' height='1' src='http://telegraph.fee.....

Ex-Goldman trader's fraud trial due to begin
The trial of former Goldman Sachs bond trader Fabrice Tourre will begin in New York this week in the most high-profile case linked to Wall Street and the financial crisis.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/56.....

Berlin facing EC bias claim over energy subsidies
Germany is facing legal action by the European Commission for discriminating in favour of its own energy companies in breach of competition law.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2ea5e9be/mf.gif' bor.....

Philips takes the bull by the horns in drive to modernise at Morrisons
Britain's fourth biggest supermarket chain still counts all its takings by hand. That must change, says its chief executive Dalton Philips.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2ea5e305/mf.gif' border='.....

Ask John: Engineering more jobs depends on more pupils taking 'Stem' subjects
Straight-talking, common sense from the front line of management<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2ea5e306/mf.gif' border='0'/><div class='mf-viral'><table border='0'><tr><td.....

UK's Intertek finds growth in China is hard-wired
A company specialising in testing may not be the most obvious among the top 10 British businesses in China. But Intertek has ridden the boom in electrical product manufacturing in the Asian economic powerhouse to become a British success story, a new.....

Economic focus should shift from the BRICs to Africa's emerging markets
Just as the green shoots of recovery are appearing in the UK, and positively sprouting upwards in the US, so it seems that the so-called BRIC economies - Brazil, Russia, India and China - are slowing.<img width='1' height='1' src='http://telegraph.....

If the US economic recovery keeps its present pace, goldbugs and miners can expect bad news
Gold divides investor opinion like no other asset: either it is a worthless investment without yield and utility, or an insurance policy against unscrupulous central banks that should be bought irrespective of price.<img width='1' height='1' src='.....

FCA chair under fresh scrutiny over Co-op crisis
John Griffith-Jones, chairman of the Financial Conduct Authority, is facing fresh calls to resign in the wake of the crisis at the Co-operative Bank.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2ea4db1d/mf.gif.....

Hollande rules out shale gas exploration
French president Francois Hollande has ruled out exploration for shale gas during his term on office, ending hopes that a ban on hydraulic fracturing could be reviewed following a legal challenge by a US firm.<img width='1' height='1' src='http://.....

Italy appoints a 'prosecco policeman' to protect reputation of its famous fizzy wine
A wine expert will go round bars and restaurants to check that the light and fizzy aperitif is being served properly.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2ea4d2b0/mf.gif' border='0'/><div class='.....

Week ahead in business and economics: July 15-19
Severn Trent's board faces shareholders at its AGM in Birmingham on Wednesday morning, after last month rejecting a 5.3bn takeover approach from a consortium of Kuwaiti, British and Canadian investors.<img width='1' height='1' src='http://telegrap.....

Dashwood: Aviva splashes out on A-list entertainers to insure repeat business
Here's one tale that Aviva is keen not to make a song and dance about.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2ea0a5b2/mf.gif' border='0'/><div class='mf-viral'><table border='0'><tr>.....

Making a mint out of the Royal family
As the nation prepares for the arrival of the royal baby, Charlotte Beugge considers the investment opportunities in regal memorabilia.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2ea0a5b6/mf.gif' border='0'/&.....

Investors hit by transfer delay shambles
Investors are facing costly waits as an administrative meltdown hits online platforms.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2ea0a5b8/mf.gif' border='0'/><div class='mf-viral'><table border='.....