June 21 The following are the top stories on the
business pages of British newspapers. Reuters has not verified
these stories and does not vouch for their accuracy.
MARKETS DIVE ON FEARS OVER U.S. MOVE TO END STIMULUS
Bourses tumbled on both sides of the Atlantic on Thursday
and gold slumped close to a three-year low as markets took
fright at the U.S. Federal Reserve signalling it could begin
scaling back its stimulus programme this year.
SELLAFIELD CLEAN-UP COULD BE TAKEN INTO STATE HANDS AS 22
BLN STG CONTRACT UP FOR REVIEW
Nuclear waste clean-up operations at Sellafield could be
taken back into state hands after a series of failings by
private companies managing the site, as their £22bn contract
comes up for review.
UPMARKET FURNITURE CHAIN DWELL COLLAPSES
An upmarket furniture chain has become the latest high
street casualty after it ceased trading yesterday, putting 300
jobs at risk.
GREEN SHOOTS OF RECOVERY BEGIN TO BEAR FRUIT
Hopes that Britain is shopping its way to recovery were
stirred by record retail sales figures. Supermarket offers and
online shopping drove a 3.1 percent increase in sales in May
compared with a year earlier, the Office for National Statistics
OIL BOSS STOKES CONTROVERSY WITH 9 MLN STG PAY DEAL
The boss of London-listed Gulf Keystone Petroleum,
is poised to reignite a row with leading shareholders by taking
a $13.6 million pay and bonus package for last year.