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BBC Wales business correspondent correspondent Nick Servini on the economic policies of the three candidates for the Welsh Labour leadership. Whoever succeeds Rhodri Morgan as First Minister next month will have the economy at the top of their agenda. Full Article at BBC News
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Joel Hills, business correspondent Lloyds Banking Group will cut 5,000 jobs by the end of next year, the company says. Lloyds' merger with HBOS meant the bank was looking for £1.5bn of savings The axe will fall at locations across the UK. Full Article at Sky News
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Queens Wharf Design Comp canned Auckland Mayor John Banks tells Breakfast about the decision to can the Queens Wharf Design Competition ahead of the Rugby World Cup, and what is being planned instead. Full Article at TVNZ
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LONDON (MarketWatch) -- Royal Bank of Scotland and Lloyds Banking Group on Tuesday announced plans to sell off parts of their U.K. banking networks and other assets in a shake-up demanded by European regulators. Full Article at MarketWatch
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LONDON (MarketWatch) -- Lloyds Banking Group on Tuesday said it will avoid participating in the government's asset-protection scheme and will instead raise at least 21 billion pounds of capital ($34.4 billion), while Royal Bank of Scotland agreed to... Full Article at MarketWatch
