What the Sunday papers said...
Monday 02 January 2012
The Independent on Sunday: Industry set to plumb the depths
British manufacturing could soon sink to levels that have not been seen since the depths of the financial crisis, leading economists warned. December figures from the Purchasing Managers' Index (PMI) are expected to paint a bleak picture when they are released tomorrow. Investec economist Philip Shaw thinks the index could fall as low as 45, which would be the worst reading for the sector since early 2009.
The Sunday Times: £27m in the bag for hedge fund founder
A London-based hedge fund that makes money betting on the European sovereign debt markets has paid its founder a £27m dividend in one of the biggest windfalls of the year. Yan Huo, 43, boss of Capula Investment Management, banked the payment as part of a £92m bonus pool. Another hedge fund boss, Sanjay Shah of Solo Capital, paid himself £19m.
The Mail on Sunday: Car exports to roar to highest in history
Britain's revitalised motor manufacturing sector will soon be exporting more cars than at any time in its history. Car exports soared by 19 per cent to an expected 1.11 million in 2011, within a whisker of the 1.19 million record that was set in 2007. New investment from Nissan, Toyota and BMW suggest that 2012 will surpass that figure. The trio are foreign-owned but have significant production plants in Britain.
The Sunday Telegraph: Standard Chartered boss sounds Eurozone alert
The chief executive of Asia-focused bank Standard Chartered warned there was an increasing likelihood of a country falling out of the Eurozone because of the inability of politicians to resolve the crisis. Peter Sands said that any break-up of the single currency would have dire consequences for the global economy because it would be difficult to judge how the contagion would unravel.
- 1 PlayStation and Xbox hacked by Lizard Squad
- 2 Katie Hopkins speaks out on childhood obesity: 'Parents of fat children should be prosecuted for child cruelty'
- 3 The Grace Dent Christmas Questionnaire
- 4 The 'Black Museum': After 150 years, public set to see exhibits from police’s grisly crime museum
- 5 British actor Idris Elba cannot star as James Bond because he is black, says shock jock Rush Limbaugh
PlayStation and Xbox hacked by Lizard Squad
Antonio Martin shooting: Black teenager may have tried to ambush patrolman, says police officer's lawyer
Katie Hopkins speaks out on childhood obesity: 'Parents of fat children should be prosecuted for child cruelty'
Boxing Day snowfall set to push even more bargain-hunters online for sales
The 'Black Museum': After 150 years, public set to see exhibits from police’s grisly crime museum
British actor Idris Elba cannot star as James Bond because he is black, says shock jock Rush Limbaugh
Rozanne Duncan: Ukip expels councillor for 'jaw-dropping' comments made in BBC TV interview
Germany anti-Islam protests: 17,000 march on Dresden against 'Islamification of the West'
Ukip member gets into Christmas spirit with Union Flag plea to Santa 'for our country back'
BBC director Danny Cohen: Rising UK antisemitism makes me feel more uncomfortable than ever
Alex Salmond has 'broken his word to the Scottish people' says Scottish Lib Dem leader
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