The chairman of Goldman Sachs Asset Management has said that the need for a German-led fiscal integration in the eurozone would make it increasingly unattractive for all the countries who joined to stay in the single currency. UK authorities are set to investigate Bernie Ecclestone’s involvement in bribery and tax evasion claims playing out in a German court. Virgin Atlantic chief executive Steve Ridgway said IAG, owner of British Airways (BA), will have a “massive competition mountain” to climb if it is to be successful in its bid for BMI. Betfair has ended its five-month search for a replacement for chief executive David Yu by poaching the chief operating officer of rival Paddy Power. Lloyds will replace Antonio Horta-Osorio with either the chairman Sir Win Bischoff or one of two senior directors if the stricken chief executive does not return from leave of absence. The “big six” suppliers have been exposed as paying far less than expected towards a drive to help Britain’s poorest households. SPONSORED FEATURES David Cameron came away from last week's G20 summit in Cannes with a face like thunder after the gathering failed to put in place any kind of detailed proposal to safeguard the future of the eurozone.Goldman: euro could split apart
HMRC to review Ecclestone’s £27m payment
Virgin Atlantic's hat in the ring to buy BMI
Betfair to appoint replacement for Yu
Lloyds lines up possible chief executives
Energy firms failing poorer consumers
Why David Cameron must focus on the ecomony
Saturday, 5 November 2011
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