Friday Papers: tips and comment

Financial Times

The Lex Column

* Facebook looks east - in crowded and uncertain terrain, Facebook needs to think carefully before confirming these are the friends it wants.

* UK banks - the Bank is reminding the UK banking sector of a longer-term fact, which is that it needs to prepare for the day, which must surely come, when central bank support is finally withdrawn.

* H&M - Investors in H&M need to back the euro too.

* US housing - The signs from America’s housing market have once again turned negative.

* Hasbro - with Hasbro on Thursday admitting that it refuses to play with a private equity outfit that wants to get its hands on Transformers and Tonka toys, what should the world’s second-largest manufacturer of dolls and games by revenues be worth?

Comments

* Divide emerges as companies tackle debt.

* Britain pays the price of penury.

* The risks of Osborne’s pre-emptive strike.

* Germany must reflect on the unthinkable.