Friday Papers: US jobs data dash recovery hopes -- other news

* Dow tumbles 223 points, S&P falls 27 points and Nasdaq retreats 36 points as US jobs data scupper lingering optimism over speedy recovery; Wall Street closed today for Independence Day holiday

* Employers in the US cut 467,000 jobs in June, unemployment rose to 9.5% and hourly earnings stagnated, offering little evidence of stabilisation in the labour market

* Eurozone unemployment figures worse than expected at 9.5%

* European Central Bank holds interest rates at record low of 1%

* The startling rise in oil prices to their highest level this year on Tuesday was caused by a rogue broker who placed a massive bet on the Brent oil market, triggering almost £6 million of losses

* Bank of England sees some signs of an upturn in lending to the UK economy

* New MPC member David Miles believes recession may be over

* MPs question the independence of David Miles, the newest member of the Bank of England's Monetary Policy Committee and call for an urgent report into potential conflicts of interest

* Britain's construction sector faces significant headwinds despite showing some signs of improvement, according to official data

* SLS Capital, the Luxembourg entity that failed Keydata is blaming for the apparent shortfall of £103 million in client funds has also failed to make promised payments to at least four other investment managers

* Tesco is facing opposition to share option scheme changes at its agm today

* Argos owner Home Retail suffers large protest vote amid anger over bonuses

* FSA to bring banks under one roof

* Chancellor warns return of banks' bonus culture threatens to undermine the global economy again -- interview with Independent

* New UK swine flu cases near 100,000 a day

* Lord Turner wants state pension age raised to 70

* ITV is considering charging viewers to watch programmes on line, according to a senior director

* Hedge fund, The Children's Investment Trust, sees profits rise 73%

* Army loses highest ranking officer since Falklands war, in Afghanistan

* Shadow chancellor, George Osborne, to face probe over second home claim.