Every day, HEADLINE SCANNER brings you a snapshot of news from elsewhere on the web…
Cameron planning a second coalition with Lib Dems
The PM is known to be in talks with Cabinet ministers for planning a second coalition with the Liberal Democrats. Plans include Backbench Tories getting a say in deciding the new power-sharing agreement.
Ecclestone denies bribing jailed German banker Gerhard Gribkowsky in F1 sale
Bernie Ecclestone and his offshore Bambino family trust are accused of paying a $44m bribe to Gerhard Gribkowsky, the ex-chief risk officer of German bank BayernLB, which owned a 47.2% stake in F1. Ecclestone denies the claim and says that the banker threatened to tell HMRC that he controlled the trust if the $44m was not paid.
HS2 lashes out at claims that costs could top £80bn
HS2 Limited poured scorn on the Institute of Economic Affairs’ claims that cost of building the new railway line could top £80bn. A spokeperson told the City AM that the first phase from London to Birmingham can be built within the target of £17.1bn by 2016.
More from City AM
House of Fraser mulls London listing
The high end retailer wants to resolve its complex ownership structure by returning to the stock market. Currently, 49% is owned by Icelandic banks and chairman Don McCarthy’s family owns 20%. Other shareholders including Scottish tycoon Tom Hunter and Lloyds Banking Group,
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