On November 9, 2009
Weekend Round-Up
£165bn loan keeps Lloyds afloat Lloyds Banking is being sustained by £165bn in loans and guarantees from the Bank of England — approaching the £200m of quantitative easing allocated to support the UK economy. This should, says Lloyds, be set against the context of its £1trn balance sheet, but its reliance on state funding is considerable compared to even the Royal Bank of Scotland. Monday is sickie day Are you reading this from home? More than one-third of workplace absences occur on a Monday, with women 24 per cent more prone to call in sick with exhaustion, depression or stress-related ailments than men, says a Mercer study. Kraftbury looms Kraft is poised to launch a hostile takeover bid for today’s…
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