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What the papers say

FINANCIAL TIMES:

 

FINANCIAL TIMES


NATIONWIDE LASHES OUT AT RESCUED BANKS

The head of Nationwide, Britain's biggest building society, has hit out angrily at rival government-backed banks, accusing them of "seriously distorting" the savings market with "uneconomic pricing".

ARRESTS IN EUROPEAN FOOTBALL FRAUD PROBE

At least 200 European football games are being investigated after police said that they had dismantled an alleged international criminal ring suspected of running the continent's biggest ever match-fixing scandal.

FRANCE POISED TO TAKE EU SINGLE MARKET ROLE AFTER JOBS TRADE-OFF

Michel Barnier, the former French foreign minister, is poised to take charge of the European Union's single market, in a contentious move that followed a night of political horse-trading over top jobs in Brussels.
Money:

LOCKING AWAY CASH DOESN'T PAY

Savers chasing the best deal for their cash can now earn almost as much interest on instant access as from locking into a one-year fixed rate.

SIGNS OF LIFE IN BUY-TO-LET MARKET

Lending on buy-to-let properties is now increasing for the first time in two year, but experts warn that a recovery to 2007 levels will not be seen in the near term.