Reuters: Financial Services and Real Estate: PRESS DIGEST - British business - June 7

Reuters: Financial Services and Real Estate Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com

PRESS DIGEST - British business - June 7 Jun 7th 2012, 00:08 Wed Jun 6, 2012 8:08pm EDT Nasdaq has tripled the compensation pool, from $13.7 million to $40 million, for investors who lost out during the botched flotation of Facebook. European leaders are mustering resources to rescue Spanish banks, regardless of Madrid's protestations, amid intensifying pressure from markets and politicians around the world. Acquisitions of foreign companies by UK businesses have fallen to their lowest level in 25 years as corporate Britain takes shelter from the recession and euro zone crisis. Spain is warning that Europe's single currency will unravel unless its leaders decide within weeks to centralise budget and tax policies in the eurozone and agree on a strategy to pool responsibility for failing banks . The euro zone sovereign debt emergency showed no signs of abating on Wednesday as the Spanish government desperately haggled over the terms of its expected bailout and the ECB refused to ease monetary policy for the currency bloc.

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