On FT Alphaville this morning,
- Some good news for Northern Rock – there’s £2.25bn of cash heading their way.
- And some bad. The pension scheme has a hole that needs plugging.
- Capital pressures are set to intensify on banks, says Gillian Tett
- Do the latest rumours of a “giant” writedown at Merrill show the first impact of the flailing bond insurers on the banks?
- And how much money do the rating agencies actually need?
- Is counterparty risk, through CDS, the next threat?
- Up, down, shake it all around. What do the many and various house price numbers tell us?
- Will sterling be the next dollar? Martin Wolf thinks so.
- Lombard considers the M&A missteps of newcomers to the UK
On FT.com,
- House price inflation grinds almost to a complete halt. at least according to the FT’s house price index.
- Share in Paragon fell 46 per cent on the buy-to-let lenders plans for a hugely discounted rights issue.
- China’s trade surplus rose by nearly 50 per cent last year to a record $262bn – with Europe edging out the US as the largest export market.
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