Vince Cable is planning to launch a renewed attack on excessive pay in the private sector and force companies to publish controversial "pay ratios" revealing the gap between the highest and lowest paid employee. Jaguar Land Rover is poised to deliver a major boost to the Government's plans to boost growth by confirming this week that it will build a £400m engine plant in the Midlands that will potentially create up to 2,000 jobs. The Greek Prime Minister George Papandreou unexpectedly cancelled a planned trip to the US at the last minute, citing a “critical” week ahead for his country. Monetary tightening in China threatens to pop the £1.07 trillion credit bubble in local government finance and expose the country's simmering "subprime" crisis, according to the Communist Party's economic guru. Oswald Gruebel's tenure as chief executive of UBS is in doubt after the bank's own "honorary chairman" questioned his future and the bank took the unusual step of writing to major clients to plead with them to stay. The Government's aviation policy will face a new attack this week when a new report reveals that Heathrow is falling further behind its European competitors in the battle for lucrative routes.Cable in new attack on pay gap
Jaguar confirms £400m plant in the Midlands
Greek PM cancels trip amid Ecofin tensions
China 'faces subprime credit bubble crisis'
UBS chief under threat as crisis deepens
Coalition aviation policy 'failing'
Sunday, 18 September 2011
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