UK News Digest The Times, Observer, Telegraph, Guardian
February 24, 2008 by Douglas A. McIntyreAccording to The Times HSH Nordbank of Germany will sue UBS (NYSE: UBS) to recover up to 500 million pound which it lost on subprime instruments sold to it by the Swiss bank.
The Times reports that Anheuer-Busch (NYSE: BUD) launch a last-ditchoffer for Scottish & Newcastle, Britain’s biggest brewer.
The Times writes that WPP will announce numbers for 2007 that are higher than forecast and pledge that the big advertsing holding company will grow at the same pace in 2008.
The Telegraph writes that The Qatar Investment Authority may invest in the UK’s large RBS (RBS) bank.
The Observer writes that the weakening housing market in come of the EU’s largest markets could start to hit the banking industy’s numbers in those countries.
Douglas A. McIntyre
Sponsored: Want to Retire Early? Here’s a Great First Step
Want retirement to come a few years earlier than you’d planned? Or are you ready to retire now, but want an extra set of eyes on your finances?
Now you can speak with up to 3 financial experts in your area for FREE. By simply clicking here you can begin to match with financial professionals who can help you build your plan to retire early. And the best part? The first conversation with them is free.
Click here to match with up to 3 financial pros who would be excited to help you make financial decisions.