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A round-up of the newspapers

By This Is Money
Updated: 05:15 EDT, 8 November 2007

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A summary of news reports from the financial pages of this morning's newspapers.

Ford may have to pay any buyer to take Jaguar and Land Rover off its hands because of a pension deficit - Financial Times

Stricken bank Northern Rock is thought to have contacted Asian banks in its search for a buyer - Financial Times

Shares in Character Group slump after a supplier to the toy manufacturer recalls one of its products - Financial Times

Virgin Media has turned its attention to growth in the broadband market rather than the losing battle it is fighting with Sky in the premium pay-TV market - Independent

The Bank of England announces an increase in the target level of reserves - Independent

Legal and General has started pricing its retirement products according to its customers' postcodes, paying more to people living in areas with lower life expectation - Independent

A decision over whether to reappoint Mervyn King as Governor of the Bank of England will be delayed until the new year - The Times

BA and US private equity group TPG are close to securing funding for their joint bid for Spain's Iberia - The Times

The housing market is facing two years of downturn because of the credit squeeze - The Times

French President Nicolas Sarkozy warns that the US risks triggering 'economic war' if it allows the dollar to collapse - Daily Telegraph

Nokia receives a massive boost after Vodafone signs up to its new internet portal Ovi - Daily Telegraph

Pet food retailer Pets at Home appoints advisers to explore a sale or float of the business - Daily Telegraph

Shell is in trouble again over safety breaches on its North Sea rigs - Guardian

Schwarzkopf hair products and Pritt sticks glue maker Henkel will cut thousands of jobs when it completes its acquisition of ICI's National Starch - Guardian

MPs called for a public inquiry into Metronet's collapse after raising corruption concerns - Guardian

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