Monday newspaper round-up: Greece, cryptocurrencies, house prices, Go-Ahead

Debit card payments have overtaken cash as the most popular form of payment in the UK for the first time, according to banking industry figures. Consumers used their debit cards 13. 2bn times last year, up 14% compared to 2016, according to a report by UK Finance, the trade body for the UK banking and financial services sector. The number of cash transactions fell by 15% to 13. 1bn transactions in the same period. – Guardian.

17 Jun
Sunday newspaper round-up: Brexit dealings, banks, insurance M&A, Virgin Money

Ministers are prepared to thrash out a compromise with Tory rebels on Brexit this week to avoid a defeat that could torpedo Theresa May’s remaining authority. Senior figures say Downing Street could seek a new deal with Dominic Grieve, the former attorney-general, who has been negotiating with No 10 after their talks collapsed last week. - Sunday Times.

15 Jun
Friday newspaper round-up: Brexit rumbles, DoJ climb-down, Lloyds

Theresa May faces a confrontation with pro-EU Conservative rebels after abandoning a compromise over how parliament should be consulted at the end of Brexit negotiations. After two days of talks ministers said they would not accept demands from more than a dozen rebels that parliament should be able to influence the direction of Brexit in a case of no deal. Instead, the government published an amendment to its main legislation that critics said would give MPs less control.

14 Jun
Thursday newspaper round-up: Banks, Rolls-Royce, fossil fuels, Dixons fines

Banks have been warned that they are set to face tougher penalties for online failures as they continue to shut branches and push customers towards digital services. Regulators will be “less tolerant” if customers endure technical glitches, Nicky Morgan, chairwoman of the Treasury select committee, said yesterday. - The Times .

13 Jun
Wednesday newspaper round-up: AT&T, WPP, Co-op Bank, Serco boss

The senior PricewaterhouseCoopers accountant who audited BHS’s accounts ahead of its sale for £1 just a year before the department store chain collapsed is facing a 15-year ban and six-figure fine from the industry watchdog. Steve Denison, who spent more than 30 years at PwC according to his LinkedIn profile, becoming a partner, is understood to have been facing a £500,000 fine from the Financial Reporting Council (FRC), reduced to £325,000 after he agreed to cooperate.

12 Jun
Tuesday newspaper round-up: Singapore, Brexit dealing, NHS, WPP

Donald Trump and Kim Jong-un have signed a document that will see the denuclearisation of North Korea begin "very quickly", the US president announced. After a working lunch concluded a morning of negotiations in Singapore, the two leaders held a signing ceremony, with Mr Trump calling it a "comprehensive" agreement. Mr Kim said "we are leaving the past behind us" as he said "the world will see a major change". - Telegraph.

11 Jun
Monday newspaper round-up: Trade wars, Italy, Brexit, water companies

Germany accused President Trump last night of destroying Europe’s trust and threatened to retaliate against new trade tariffs as the row over the weekend’s disastrous G7 summit in Quebec escalated. In a combative appearance on German TV, Angela Merkel said that the EU was ready to take on the US in a trade war, and described Mr Trump’s behaviour in the aftermath of the G7 meeting as “sobering and a bit depressing”. - The Times.

10 Jun
Sunday newspaper round-up: Brexit, Russia, inflation, Rolls-Royce, Sainsbury's

The hidden scale of Kremlin links to the biggest donor to the Brexit campaign are revealed today. Arron Banks, the millionaire businessman who helped fund Brexit, was offered a business deal involving six Russian goldmines. He also had undisclosed meetings with the Russian ambassador to Britain — set up by a suspected Russian spy — and paid a previously unknown visit to Moscow at the height of the campaign. - Sunday Times.

08 Jun
Friday newspaper round-up: CBI, G7, Pfizer, TSB, Thames Water

Britain’s leading employers’ organisation, the Confederation of British Industry, has warned the UK economy will shift down a gear this year and risks remaining in the slow lane because of Brexit. Cutting its growth forecasts for the year, owing to heavy snowfall in the opening months of 2018 and lingering fears over Brexit, the CBI said it expected the growth rate for the British economy to slow to 1. 4%, from 1. 8% last year. – Guardian.

07 Jun
Thursday newspaper round-up: Carillion, TSB, Alphabet, GVC Holdings

Accountants and lawyers will earn £70m managing the fallout from the collapse of Carillion, according to the National Audit Office, with taxpayers expected to foot a bill of more than £150m. In a report into the government’s handling of the outsourcing company, the NAO said the liquidation of Carillion showed the government had “further to go” in understanding the financial health of suppliers whose failure could have major consequences. - Guardian.

05 Jun
Tuesday newspaper round-up: Brexit, AstraZeneca, Johnston Press, Heathrow

Theresa May has a week to forge a compromise with Tory rebels over Brexit after she tabled votes on key legislation for next Tuesday, with 12 backbenchers threatening to inflict a defeat in a vote on future customs arrangements. They believe that the government will put forward its own compromise agreement within days but claim it is unlikely to be enough to buy them off. - The Times.

04 Jun
Monday newspaper round-up: Brexit, China-US deal, auditors, trains

Britain will have only weeks to negotiate deals with dozens of countries after the European Union refused to help to extend any existing trade agreements before the legally binding signing of a Brexit withdrawal treaty. European officials have told the government that they will not ask the EU’s trading partners to allow Britain to benefit from current trade deals with key countries such as Japan or South Korea until Theresa May signs the final legal text of a Brexit deal.

01 Jun
Friday newspaper round-up: Trade, Capita, Sainsbury, BoE

Britain is calling on Brussels to step back from a trade war with the United States after President Trump imposed new tariffs on EU imports. Liam Fox, the trade secretary, said yesterday that Britain “does not rule out” countermeasures or a challenge in an international court. However, he urged calm on all sides to avoid a full trade war. - The Times.

31 May
Thursday newspaper round-up: Banks, steel, trade, trains

US regulators have started rowing back on banking restrictions brought in following the financial crisis, in a move seen as a significant victory for the Trump administration. The Federal Reserve has proposed altering the so-called Volcker rule, which was designed to stop banks from engaging in proprietary trading while accepting taxpayer-insured deposits. - Telegraph.

30 May
Wednesday newspaper round-up: RBS, nuisance calls, M&S, Shire

The shadow chancellor, John McDonnell, has called on the government to use its position as majority shareholder of Royal Bank of Scotland to block planned branch closures. McDonnell said the government should use its stake to force RBS, which holds its annual shareholder meeting in Edinburgh on Wednesday, to act in the public interest and accused it of “dancing to the tune of the bank’s board”. Earlier in May RBS revealed plans to close 162 branches in England and Wales with the loss of nearly 800 jobs.

29 May
Tuesday newspaper round-up: Brexit, RBS, drones, Codemasters

The growing risk of a bad Brexit deal for the City of London is causing severe tensions between the Bank of England and the Treasury, according to reports. Amid mounting fears that Brussels will reject plans put forward by the chancellor, Philip Hammond, for maintaining close ties with the EU for financial services, the Financial Times reported that Bank officials are at loggerheads with the Treasury over the search for a “Plan B” arrangement. – Guardian.

25 May
Friday newspaper round-up: Bunnings, Lloyds, Apple, Bitcoin investigation

The Australian hardware chain Bunnings has pulled the plug on its disastrous $1bn venture into Britain, drawing an ignominious close to one of the worst retail acquisitions ever seen. After burning through hundreds of millions of dollars trying to sell the all-conquering sandpaper-meets-sausage-sizzle formula to DIY-crazy Britons, Bunnings’ parent group, Wesfarmers, said on Friday that it was offloading the 200-plus chain of former Homebase stores for a reported £1 nominal fee.

24 May
Thursday newspaper round-up: Brexit transition, max-fac, autos, Barclays

Theresa May will ask the European Union for a second Brexit transition period to run until 2023 to avoid a hard border in Ireland. Britain will propose another transition covering customs and trade that will follow the period already agreed, scheduled to last until the end of 2020. - The Times.

23 May
Wednesday newspaper round-up: Carillion, BP, Vedanta, Unaoil

The government was too slow to spot mounting financial problems at troubled public sector outsourcing company Carillion, according to a report that reveals the Cabinet Office decided the contractor was not “high risk” even as it neared insolvency. The parliamentary public accounts committee, which produced the report, also warned that Carillion’s collapse indicates that too many public works contracts are concentrated in the hands of a few private firms. - Guardian.

22 May
Tuesday newspaper round-up: Sainsbury's, defence spending, BP

J Sainsbury is facing fresh scrutiny of its £12 billion merger with Asda after more than 100 MPs signed a letter criticising changes to the company’s staff pay that threaten to leave some workers more than £3,000 a year worse off. As many as 13,000 Sainsbury’s employees could take a hit to their pay packets, according to critics of the company’s plans, as it consults on a new deal meant to equalise pay among its 130,000-strong workforce. - The Times.