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Fiona Walsh

Fiona Walsh

Fiona Walsh writes for the Guardian newspaper in London.
Incoming governor of the Bank of England Mark Carney is bringing Bank of Canada’s chief spokesman to London with him, in a two-year secondment that could signal a more open style of communications under his leadership. Photograph: Reuters/Michael Buholzer
Carney gets ball rolling on Bank of England governorship

London Briefing: incoming head of British central bank starts by appointing new number two

Bill Gates, founder of Microsoft, with Taoiseach Enda Kenny TD in January at Government Buildings, Dublin. The investment has been made via his charitable fund, the Bill & Melinda Gates Foundation. Photograph: Dara Mac Donaill/The Irish Times
Could support of Bill Gates be gateway to success for beleaguered security firm G4S?

London Briefing: The vote of confidence from the Gates foundation is welcome news for new G4S chief Ashley Almanza as he sets abou(...)

George Osborne: has had his share of criticism. Photograph: PA
London Briefing: Osborne savaged over ‘moronic’ Help to Buy scheme

First-time buyers already spending 50% of take home pay on mortgages despite record low rates, says economist

As a mutual organisation, owned by its members and managed for their benefit, the Co-operative is supposed to be different from other banks.
Co-op gets itself into the same mess as other financial institutions

The Co-op bank was known for prudence – until word came of its £1.8bn deficit

Marks & Spencer. Its sales have been falling for the past two years and chief executive Marc Bolland is pinning his hopes for a revival on these new clothing ranges, the first full collection his new fashion team has put together.
London Briefing: M&S strives to put its best foot forward in catwalk show for City analysts

Marc Bolland’s team show off latest template for wooing Middle Eangland

Chancellor George Osborne: some commentators accused him of creating a government-backed sub-prime mortgage sector. Photograph: Chris Harris/The Times/PA Wire
Early signs not good for British help-to-buy scheme

Fears that scheme designed to help first-time buyers may actually push up property prices

Britain’s chancellor George Osborne: the pressure has been mounting on him in the run-up to tomorrow’s GDP announcement, not least from the International Monetary Fund, which has joined the chorus of those questioning his rigid adherence to austerity. Photograph: Christopher Furlong/Reuters
London Briefing: George Osborne under fire amid fears of triple-dip recession

Forecasters are united on one thing – Britain’s economy is in dire straits

Pop band One Direction. Simon Walker, head of the UK Institute of Directors, wasn’t exactly sure but he thought it was “mad” that the boyband earned £25 million (€29 million) last year, a cool £5 million apiece for the five members
Only One Direction in row over excessive pay

Business secretary insists focus is on overpaid, underperforming executives

Former HBOS chief executive Sir James Crosby
Crosby apology no surprise after damning HBOS report

Will abysmal management be punished by lifetime bans from the City?

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Retail & Services

Dublin-based Cartrawler provides software and systems to airlines, travel companies and others in the tourism trade to allow them to offer car-hire services on their websites. Cartrawler buys rival’s on-line business
Setting out its targets a year before the World Cup kicks off in Brazil, Adidas said sales from its soccer division would break the €2 billion barrier for the first time in 2014. Photograph: Reuters/Michael Dalder Adidas sets new soccer sales goal in World Cup year
Telefonica says it has not received any verbal or written approach from AT&T. Photograph: Reuters Telefónica shares rise on talk of interest from AT&T