A round-up of the key stories across the specialist financial media, including news on how UK government debt broke through the £1 trillion barrier.
UK debt tops £1tn despite fall in spending
UK government debt broke through the £1 trillion barrier for the first time in December, despite a bigger-than-expected fall in borrowing, official figures revealed on Tuesday.
Romney’s tax return set to inflame debate over investment rate
The release of former Massachusetts Governor Mitt Romney’s 2010 tax return today may only inflame the controversy over the tax code’s treatment of some of the nation’s richest individuals.
US stock futures pointed to a lower opening for Wall Street on Tuesday, weighed by losses for Europe as wrangling continued over a Greek bond-swap deal. Johnson & Johnson and McDonald's Corp. were heading up a busy day for corporate results.
NYSE Euronext (NRX) and Deutsche Boerse (DB1) AG are unlikely to garner enough support from European Union commissioners to overturn a looming veto over their plan to create the world’s largest exchange, according to four people familiar with the situation.
European shares fell on Tuesday morning, as worries about a messy Greek default increased after debt talks stumbled again, while weak results from Siemens and KPN also weighed.