WHAT THE OTHER PAPERS SAY THIS MORNING.
FINANCIAL TIMES RENAULT BOSS BLAMED AS TOP EXECUTIVE QUITS A senior executive in the crumbling alliance between Renault and Nissan has quit, blaming the boss of the French carmaker Thierry Bollore for his departure from the business. Arnaud Deboeuf, who was the most senior alliance executive after Carlos Ghosn before his arrest and departure, said he was forced to leave the carmaker by Renault's chief executive.
ARGENTINE PESO RISES AFTER CAPITAL CONTROLS Argentina's peso strengthened yesterday after the government imposed capital controls over the weekend to try to prevent the country's latest debt crisis from spiralling. With queues evident outside some banks in Buenos Aires yesterday, Argentina's finance minister said he believed the currency would now stabilise.
THE TIMES JACK RUSSELL PUPPY MAKES HIS DEBUT AT NUMBER 10 The newest incumbent of Downing Street has dishevelled hair, a question mark over his personal discipline and arrives in office amid fears he may be disliked by elements in the current staff. But at least you can train him to sit up and beg. A 15-week-old Jack Russell has been adopted by Boris Johnson and his girlfriend, Carrie Symonds.
HS2 COULD BE DELAYED BY ANOTHER THREE YEARS The HS2 railway will be delayed by up to three years, with the first phase of the line between Birmingham and London not being ready until 2028 at the earliest.
THE DAILY TELEGRAPH TEACHER'S STARTING PAY PACKETS TO RISE TO PS30,000 Teachers' starting salaries are to rise to PS30,000 within three years under plans announced by the government. The PS6,000 pay rise by 2022, which ministers say is the biggest reform to teachers' pay in a generation, is aimed at boosting the appeal of the profession.
BANK OF ENGLAND OFFICIAL CALLS FOR FUNDS REFORM Reform of controversial investment funds like those run by Neil Woodford could even up an "unlevel playing field" sucking capital away from more productive areas of the economy, Alex Brazier, a leading Bank of England official said yesterday.
THE WALL STREET JOURNAL DORIAN BATTERS BAHAMAS AND HEADS TOWARDS US Hurricane Dorian slowed to a crawl yesterday over the northwestern Bahamas, pounding Grand Bahama Island with catastrophic winds and storm surge before moving toward the southeastern US. After lashing the Abaco Islands, the storm made landfall in Grand Bahama Island Sunday night.
SMALL BUSINESSES' FAITH IN ECONOMY HITS LOW Higher tariffs on Chinese imports are adding costs and uncertainty for small businesses and dimming their outlook for the US economy. Confidence among small firms fell in August to the lowest level since November 2012.
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|Publication:||City AM (London, England)|
|Date:||Sep 3, 2019|
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