What the Sunday Papers said…
Monday 20 August 2012
The Independent on Sunday: Leading airlines combine to attack air passenger duty
A coalition of UK airlines has ramped up its campaign for air passenger duty to be axed with an investigation into how badly the tax hurts the UK economy. Bitter rivals Virgin Atlantic and British Airways owner IAG, along with the low-cost carriers easyJet and Ryanair, have asked the accountant PricewaterhouseCoopers to produce an economic assessment into the £2.7bn a year tax they loathe.
The Sunday Times: Santander HQ threatened by legal battle between moguls
A tycoon from Sheffield is threatening to put into administration the company that owns the €2bn Madrid headquarters of the Santander banking group. Glenn Maud, a lawyer turned property investor, is understood to have made the threat after a legal row with Sheikh Mansour, the owner of Manchester City football club, who could lose €200m as a result.
The Mail on Sunday: Transport boss hits back at Branson over rail franchise
Tim O'Toole, chief executive of the transport company FirstGroup, has accused the Virgin boss Sir Richard Branson of being hysterical and accusing him of spreading fear among his workers. Mr O'Toole was speaking after FirstGroup beat Virgin Rail to win the West Coast main line franchise. Sir Richard branded the decision "insane", warning it could hit the quality of service and cost jobs.
The Sunday Telegraph: Death of accountant 'linked to Standard Chartered scandal'
The family of a senior partner at Deloitte has called for answers after he apparently committed suicide days after the auditing firm was linked to the Standard Chartered Iran dollar trades scandal. Daniel Pirron was found dead after US regulators accused Deloitte of aiding Standard Chartered. Deloitte denies the allegation and said that Mr Pirron was not involved in its work for the bank.
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