The summer silly season is nearly upon us, so what chance a reprise of this Daily Mail classic?
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If you register with Britain’s Financial Services Authority, you must be in the process of setting up an investment bank or something, right? And if you are doing that, then it must be for doing dodgy deals for squillionaires, who are probably foreigners as well.
That, surely, is the takeaway from the Sunday Times’ “exclusive” this weekend, noting that the FSA registration of a vehicle linked to Tony Blair Associates offered the former British prime minister the chance to offer investment services to institutions and individuals. Read more
It’s day two of the Daily Mail’s campaign against tankers parked off the British coast. In case you missed “how the Daily Mail broke the story yesterday” you might care to check out FT Alphaville’s coverage here.
The post attracted a healthy level of discourse, including the following analogy — which we like so much we mocked up graphically for readers’ pleasure (H/T Skwosh): Read more
Not our opinion, naturally.
LONDON (Standard & Poor’s) April 23, 2009–Standard & Poor’s Ratings Services said today that it lowered to ‘BB+’ from ‘BBB-’ its long-term corporate credit rating on U.K.-based newspaper and media group Daily Mail & General Trust PLC (DMGT). In addition, the short-term rating on DMGT was lowered to ‘B’ from ‘A-3′. Read more