Spurs FC shares secure Kaupthing loan - papers

The leaked loan book of Kaupthing bank claims Joe Lewis, the billionaire investor, and Daniel Levy, the chairman of Tottenham Hotspur, pledged part of their majority stake in the football club as collateral for a loan.

According to the document, the pair borrowed €68.2m (£58m) from the failed Icelandic bank as part of a €121.9m facility through Enic, their investment vehicle, as they increased their stake in Tottenham Hotspur to 84pc in 2007, The Daily Telegraph reports. Full story...

ALL EYES are on the Bank of England today as it decides whether to pump more money into the economy, with the City split over whether the central bank needs to do more to lift the economy out of recession.

The Guardian writes with some signs that the British economy is beginning to pull out of the downturn, economists are divided over whether the Bank's monetary policy committee (MPC) will announce the expansion of its quantitative easing (QE) programme when its two-day meeting ends at noon. Full story...

BRITAIN'S highest-paid accountant earned an astonishing £5.2million last year as his company doubled its takings from the taxpayer-funded Royal Bank of Scotland, says The Daily Mail.

John Connolly, Chief Executive of auditing giant Deloitte, has been paid nearly £11million over the past two years as part of the firm's profit sharing scheme. Full story...