Reuters: Financial Services and Real Estate: PRESS DIGEST - British business - May 14

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PRESS DIGEST - British business - May 14 May 14th 2012, 00:21 Sun May 13, 2012 8:21pm EDT The Times ROYAL MAIL SET TO MAKE PROPERTY CASH Royal Mail is planning to hit the property jackpot with a succession of residential developments in London worth more than 1 billion pounds ($1.61 billion). The Telegraph GERMANS PREPARE EURO BILL FOR UK Germany has drawn up plans to make Britain pay a share of the multi-billion pound clean-up costs if Greece is ejected from the euro, risking a clash with Downing Street. PIRC OPPOSES HSBC PACKAGES HSBC could be the next company in the crosshairs of the "Shareholder Spring" after Pirc, the influential investor group, advised its clients to oppose the bank's pay policies at next week's annual meeting. WARNING BY BIG BUSINESS TO UK'S CAMERON Chief executives of some of Britain's biggest companies will on Monday tell the British Prime Minister David Cameron that he must to do more to support growth, with a warning that the UK is showing them an increasingly "toxic" attitude. The Guardian EU LEADERS SET FOR SHOWDOWN ON EURO FATE Europe is braced for a crucial 48 hours of high-stakes summitry likely to decide whether Germany and France can strike a grand bargain aimed at dispelling growing pessimism over the chances of the single currency surviving in its current form. The Independent THAI FOOD MANUFACTURER INTERESTED IN BIRDS EYE The maker of Birds Eye fish fingers has followed Weetabix as the latest household British brand to attract takeover interest from Asia. Link this Share this Digg this Email Reprints

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