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Times Online April 14, 2008

BUSINESS BULLETIN


Dear Reader

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Today's top stories

Crunch could force 4,000 estate agents to shut

BoE tells mortgage lenders to pass on interest-rate cuts to customers as it tries to restore order to the housing market

Firms face cash squeeze from late payments

Smaller businesses complain some large customers extend payment periods arbitrarily, putting strain on their cashflows

Goldman Sachs' huge discount offloads debt

The investment bank will sell €100m, linked to Bain Capital's €1.4bn buyout of Bavaria Yachtbau GmbH, at discount rate

Bradford & Bingley denies rights issue story

The bank says it was not planning a rights issue amid fears rumours on its balance sheet would send its share price down

OTHER HEADLINES

Analysis chevrons

Trust must be at heart of financial reform

More than repairing the damage banks have done, they must repair the trust they have sacrificed. It will be a big job

Markets chevrons

France inflation up... Posco gain... UK Coal rise

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