One of Britain's leading investors has warned the Treasury that the danger of regulatory overload on UK banks is threatening British economic growth and is based on no clear understanding of the impact that the rule changes will have. The threat of an imminent default was lifted from Greece as eurozone politicians signed off the release of a €12bn (£11bn) injection to the crisis-hit nation. Shareholders in the London Stock Exchange are pushing for two long-standing non-executive directors to stand down from the board in the wake of the collapse of its merger with the owner of the Toronto stock exchange. BSkyB could be the final element that cements News Corporation's place as one of the world's big media players. Legal & General has suffered estimated losses of more than £60m from the collapse in share price of Southern Cross Healthcare.Investors issue warning to George Osborne on ring-fencing plans
Greece aid injection approved
Shareholders call for two LSE directors to quit
News Corp's battle for BSkyB shows global ambition
Southern Cross price drop costs Legal & General £60m
Sunday, 3 July 2011
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