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Friday Papers: Deutsche lines up pre-Basel rights issue - other news
Markets
by Himanshu Singh on Sep 10, 2010 at 02:53
* Chancellor George Osborne names Robert Chote, leading critic of his budget, to take helm at independent fiscal watchdog.
* Standard & Poor's ratings agency says planned spending cuts and tax rises may lead to many more house repossessions.
* BAE Systems has unveiled plans to cut 946 UK jobs blaming the move on public spending restraint; cutbacks focus on military aircraft division.
* High street retailers HMV and Home Retail posted grim trading updates, blaming fragile consumer confidence.
The Independent
* Apple climbs down on rules for iPhone apps.
* Lord Turner, the chairman of the independent Committee on Climate Change, is calling for a "step change" in government policy if Britain is to meet its 2020 renewable energy targets.
Daily Mail
* Britain is more competitive than a year ago - but high taxes, excessive red tape and mounting debts are holding it back, the World Economic Forum said yesterday.
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