January 25, 2013 / 1:30 AM / 5 years ago

PRESS DIGEST - Financial Times - Jan 25

LONDON, Jan 25 (Reuters) - Headlines

Barclays executives face mounting Libor pressure link.reuters.com/tud55t

Osborne sticks to austerity plan link.reuters.com/xud55t

Government to deliver 1.5 billion pound childcare boost link.reuters.com/vud55t

Fears raised over ECB longer-term funding scheme link.reuters.com/dyd55t

Retailers make appeal on tax avoidance link.reuters.com/bed55t

RIM boosted by Lenovo interest link.reuters.com/gyd55t

Overview BARCLAYS EXECUTIVES FACE MOUNTING LIBOR PRESSURE Top executives at Barclays were aware the bank was manipulating its submissions to Libor rate-setting panel in November 2011, almost a year earlier than previously disclosed, emails suggested. (link.reuters.com/tud55t)

OSBORNE STICKS TO AUSTERITY PLAN Finance minister George Osborne will not be diverted from his austerity plan even if data on the strength of British economy disappoints. (link.reuters.com/xud55t)

GOVERNMENT TO DELIVER CHILDCARE BOOST Britain's coalition government is planning to spend 1.5 billion pounds on a package of measures to help families cope with nursery fees. (link.reuters.com/vud55t)

FEARS RAISED OVER ECB FUNDING SCHEME Senior bankers are becoming increasingly concerned about the European Central Bank's special longer-term funding scheme, saying that it could encourage the creation of a two-tier banking market. (link.reuters.com/dyd55t)

RETAILERS MAKE APPEAL ON TAX AVOIDANCE High street retailers said the government needed to take action to stop tax avoidance by multinational companies. (link.reuters.com/bed55t)

RIM BOOSTED BY LENOVO INTEREST Lenovo has signalled it could be interested in buying Research In Motion, lifting the shares in the troubled Canadian maker of BlackBerry smartphones. (link.reuters.com/gyd55t) (Reporting by Paul Sandle; Editing by Subhranshu Sahu)

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