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Times Online June 3, 2008

BUSINESS BULLETIN

Dear Reader

Visit Times Online today for dynamic business news and views, market charts and sector analysis, plus your chance to comment.

Also you can now download our series of free podcasts exploring the business ideas that are changing the world at www.timesonline.co.uk/businessideas

Today's top stories

Gloom deepens as lending slumps

The number of home loans, a key barometer of future conditions in the housing market, fell to the lowest figure since 1993

Rail told to cut costs and improve punctuality

Network Rail is likely to get £1 billion a year less by 2014 than the company claims it needs, a 25 per cent cut

Businesses seek Olympic compensation

Dozens of businesses that had to move to make way for the London Olympics in 2012 are still fighting for compensation

OFT raids banks as part of price-fix inquiry

Offices of Barclays and Royal Bank of Scotland visited in inquiry into alleged deals on loans to lawyers and accountants
OTHER HEADLINES
Analysis chevrons

Shareholders pay for long charge sheet

The chief executive had been running Britain's tenth-biggest bank with a reporting system that would shame a corner shop
Markets chevrons

Tempus: Asarco ... Detica ... e2v Technologies

Sterlite Industries pay $2.6bn for assets of Asarco ... Detica financial services sales strong ... e2v regains some of its poise

Shell A$776m deal... Vietnam tops retail... SMG sale

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