| FirstGroup chief Sir Moir Lockhead to retire, ex-Tube boss Tim O'Toole to take over Sir Moir Lockhead is to retire chief executive of FirstGroup after 21 years and put former London Underground boss Tim O'Toole in the driving seat at the bus and train operator. telegraph.co.uk |
Credit Markets: Record hybrid-bond issuance set to slow In the midst of an all-time monthly high in corporate hybrid bond launches, there are signs that the market is set to cool. feeds.marketwatch.com |
Spending Review 2010: it's all about politics Benedict Brogan and Richard Fletcher discuss the CSR. telegraph.co.uk |
Financial Stocks: Financials on track for 2% weekly advance The financial sector trades mixed to close out the week as T. Rowe Price leads gainers with a 4% advance after the asset manager announces strong quarterly earnings. feeds.marketwatch.com |
BT ruling could open pension claim floodgates Taxpayers could be on the hook for tens of billions of pounds to cover a string of privatised companies' pension schemes, after BT's landmark victory. telegraph.co.uk |