Morning Wrap: today's top business stories
News stories from around the web.
Eight investment banks embrace Markit viral messaging revolution (FT)
Eight of the world’s largest investment banks will on Monday launch their most ambitious assault on Bloomberg’s grip on daily communications in financial markets with the start of free viral messaging service.
Airbus seals landmark deal with JAL (FT)
Airbus has announced a landmark order with Japan Airlines, in a move that will deal a blow to the Asian ambitions of rival aircraft maker Boeing.
George Osborne told to bring in flat tax to help middle income families (Telegraph)
George Osborne is being urged to bring in a simple flat tax system after it emerged that some middle income families are paying an effective rate of 73 per cent because they have been stripped of their child benefit.
Banks put to the test over cyber security (Telegraph)
Simulated online attack will test UK’s banking, payments and markets systems
Treasury could make billions from Help to Buy (BBC)
I am told that the Treasury has told the banks it will charge them a supposedly "commercial" rate of about 0.9% for insuring up to three-quarters of the first 20% of losses on mortgages for homebuyers who cannot afford to provide a big deposit.