Sponsored by Digital Look Events

Thursday newspaper round-up: Rentokil Initial, Unilever

Related Companies

Related Indices

Related Sectors

News for Spread Betters

PreviousPrevious
NextNext

There's a new Investor Edition of CMC Markets' spread betting platform... and it's exclusive to DigitalLook.com users...

Get full details about Marketmaker:Investor Edition here. Advertisement

Date: Thursday 06 Mar 2008

LONDON (ShareCast) - Sir Clive Thompson, the "Mr Twenty Per Cent" who ran Rentokil Initial for two decades, has been approached by a number of shareholders to gauge his interest in a possible return to the troubled rat-catching group, according to the Telegraph.

Unilever, the Persil and Lipton Tea consumer goods giant, has begun the process of recruiting a replacement for Patrick Cescau, its 59-year-old chief executive, The Times has learnt.

Supermarkets, airlines, carmakers and property developers fear that they will bear the brunt of a series of green measures to be announced in Alistair Darling’s first Budget next week, according to the Times.

The British Bankers' Association has lambasted the Government's plans to tax non-domiciles, warning they will damage the UK and lead to a loss of talent, writes to the Telegraph.

The Bank of England should keep rates on hold to quell persistent inflationary pressures, despite mounting evidence that an economic slowdown is taking hold, says The Times MPC.

Mortgage fraud in the UK totalled £700m last year, the Association of Chief Police Officers said yesterday in a report that warned organised crime groups were increasingly targeting home loan providers, writes the Independent.

The big six energy companies are charging the poorest customers up to £330 a year more for gas and electricity, it emerged last night, reveals the Times.

Robert Bonnier, the colourful City trader and former dotcom millionaire, is alleged to have owed failed broker Global Trader Europe more than £6m, writes the Telegraph.

Lawmakers in Washington have expressed deep reservations about attempts by The Children’s Investment Fund, the London-based hedge fund, to increase control of US rail operator CSX, suggesting the move would threaten public safety and put US infrastructure in foreign hands, writes the FT.

Chinese bank Citic is negotiating for a larger stake in Bear Stearns because of the sharp decline in the US investment bank's share price. Citic agreed to invest about $1bn (£500m) in Bear in October, receiving securities that would convert into about a 6pc stake over time, says the Telegraph.