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Times Online August 1, 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.

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Today's top stories

Nuclear plans in chaos as French firm backs out

France tonight appeared to be pulling back from a £12 billion bid to take control of the bulk of Britain's nuclear industry

UBS demands halt to client poaching

The embattled Swiss bank is seeking a temporary High Court injunction against Vestra Wealth and its founder David Scott

Money broker fight as Tullett talks to GFI

A deal with GFI by Tullett chief executive, Terry Smith, could topple arch-rival Michael Spencer as money market king

Energy prices set to push inflation higher

The Bank of England warned that inflation could reach its highest for 16 years as energy prices rise further than expected

OTHER HEADLINES
Analysis chevrons

Tax hit on energy profits would be silly

Any energy windfall tax would unfortunately just go into the morass of central public spending, to be frittered away accordingly

Markets chevrons

Tempus: Shire ... Anglo ... William Hill

Shire Pharmaceutical worth a play despite sluggish sales ... Anglo American accelerates big projects ... William Hill profits decline

Facebook's new game ... D1 Oils up ... Pru eyes US

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