Law and business: commercial news round-up 06.06.14
updated on 06 June 2014
What more could you want on a sunny Friday afternoon than some stimulating business news to sustain you over the weekend? Your dreams have come true - read on for tales of humble pie, toxic sludge and Chinese siestas:
- Asset-backed securities - or "toxic sludge" as they have been called because of their role in the global financial crisis - should be back on the menu, says Bank of England deputy governor, Sir Jon Cunliffe.
- Chinese tech companies, such as Lenovo and Huawei, are set to take over the world - or at least the PC, tablet and smartphone sectors. And it turns out that global domination is possible, with post-lunch naps guaranteed!
- Ever wanted to know what all those bank CEOs really earn? Well, now you can, with this free-to-read article from the FT.
- The IMF has released its report on the UK economy, warning Osborne that high price houses and low worker productivity pose the greatest risk to recovery. But….
- …the BBC’s Robert Peston thinks that the IMF should have eaten some "humble pie" in its report for getting its assessment so wrong last year.
Be sure to check the LC.N Says section every Friday afternoon for this weekly commercial news round-up, produced by LawCareers.Net editor Isla Grant.
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