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Lunch Wrap

On FT Alphaville this morning,

- Easy, Stelios

- Glencore CDSs get hijacked

- If all fails, devalue the dollar

- The Treasury’s trauma terms

- Sailing through pirate waters

- Barclays bends a bit

- Icap turns a record profit

- A little case of McCoxism?

On FT.com,

- Inflation falls in the UK

- Barclays bows to investor pressure

- Oil retreats below $55 per barrel

- Shares fall in London on deflation fears

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