Wednesday newspaper round-up: FIFA corruption charges, IAG-Aer Lingus, EU referendum

27th May 2015 06:35

Authorities in the States are set to unveil a criminal indictment against a number of FIFA officials over allegations of widespread corruption, according to The Wall Street Journal. As many as 12 officials were expected to be arrested.IAG has completed the deal to buy Irish national carrier Aer Lingus for €1.4bn after months of negotiations and the Irish government's commitment to sell its 25% stake, The Telegraph writes.David Cameron is predicted to set out plans to fast-track a referendum on EU membership, keeping open the prospect of a vote as early as next year, the Financial Times reports.A Nielsen survey has shown that UK consumer confidence hit the pre-crisis levels of 2006 in the first quarter of 2015, The Guardian writes.The EU has proposed the relocate of 40,000 Syrians and Eritreans who arrive in Italy and Greece over the next two years to other countries in the bloc, writes The Wall Street Journal.Asking prices in London have surged 17% since the election, partly due to a seasonal increase but also on the back of heightened demand, The Telegraph said.Consultancy EY has said that plans to hold an EU referendum in the UK will hit foreign investment and threaten Britain's position as Europe's top destination for overseas investors, according to The Guardian.The founder and boss of Keydata has been fined £75m by the FCA, its largest fine on an individual, after people were mis-sold £475m-worth of so-called 'death bonds', The Times said.The IMF has said that China's renminbi is "no longer undervalued" after gaining 25% against the dollar since it was allowed to adjusted upwards within a narrow band a decade ago, writes the Financial Times.Jaguar Land Rover profits dropped by nearly a third in the first quarter of 2015 due to a slowdowns in China, Russia and Brazil, writes The Times.