LONDON, Jan 28 (Reuters) - The Telegraph

ACCOUNTANT JOINS BACKLASH AGAINST TAX DODGE ATTACKS - Ernst

& Young's managing partner for Europe, Mark Otty, said

a moral tax code would not work as companies have a duty to pay

the lowest rate permitted. Politicians should change the law if

unhappy with corporate ethics.

OVERSEAS CITY INVESTORS SHOW UK IS 'OPEN FOR BUSINESS' - 46

percent of Britain's biggest City firms are owned by foreign

investors, according to a report by IMAS, an independent M&A

adviser, showing that the UK is 'open for business.'

EXECUTIVE PAY TO BE FROZEN AT A THIRD OF LARGEST FIRMS - 38

percent of Britain's largest companies are planning to freeze

the executive pay, the highest level since 2009, according to

PricewaterhouseCoopers.

The Independent

FINAL SALARY PENSIONS CLOSING AT RECORD RATE - Only 13

percent of Britain's 6,000 final salary schemes remained open to

new workers, a drop of one third from 19 percent in 2011 with

quantitative easing blamed for undermining the retirement plans.

STELIOS READY TO BACK GURASSA AS CHAIRMAN OF EASYJET -

EasyJet Deputy Chairman, Charles Gurassa, has emerged as

the leading contender to replace Chairman Mike Rake after a

source close to EasyJet founder and top shareholder, Stelios

Haji-Ioannou, said relations between the two had always been

civil and cordial. Haji-ioannou voted against Rake's re-election

in 2012 but supported Gurassa's re-appointment.

The Times

MORTGAGE 'CRUNCH TIME' RAISES FEAR OF SURGE IN REPOSSESSIONS

- The increase in interest-only mortgages before the financial

crisis could see more people lose their homes with 2017 as a

'crunch year', the Financial Services Authority will say this

week.

DE LA RUE IS LEFT HOPING FOR CHANGE AS CHINESE DEAL SLIPS

OUT OF ITS GRASP - De la Rue, the printer of bank

notes, has suffered a further blow, missing out a large contract

from the Chinese Government. According to insiders, the company

was shortlisted but is struggling to win tenders.

(Reporting By Costas Pitas; Editing by Jijo Jacob)

Keywords: PRESS DIGEST BRITAIN/BUSINESS

(Costas.Pitas@thomsonreuters.com)(+44 207 542 8024)(Reuters Messaging: costas.pitas.thomsonreuters.reuters.net and @cpitas on Twitter)

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