What the Sunday papers said
Monday 27 February 2012
The Independent on Sunday: Banks to get €500bn of cheap loans from ECB
The European Central Bank is set to flood banking markets with €500bn (£424m) of cheap loans this week, taking its financial support of the European Union to €1trn in only three months. The ECB will set out the second distribution of three-year loans to private banks and other firms, known as the longer-term refinancing operations (LTRO), on Wednesday.
The Mail on Sunday: North to pump water to drought-stricken South
United Utilities has drawn up plans to lay a £2.6bn water pipe alongside the proposed high-speed rail line from London to Birmingham and beyond to bring water from the North to the dry South. The listed utility giant said it will present its plans to the Government imminently.It expects the pipe to cost £7m a mile to install.
The Sunday Telegraph: Starbucks set to expand with 300 new stores
Cafe chain Starbucks will open 300 new outlets across the UK in the next five years, taking its total in Britain past 1,000. A relaunch will also see individual stores adopting localised décor rather than following a standardised design. Michelle Gass, president of Starbucks' operations in Europe, the Middle East and Africa, said she wanted her coffee brand to become as common across the EU as it is in Manhattan.
The Sunday Times: Lord Browne plans new North Sea empire
Meanwhile Lord Browne, the former chief executive of BP, is working on plans to build a new North Sea empire. The European division of the US investment fund Riverstone, which Lord Browne runs, is in advanced talks with the North Sea producer Fairfield Energy to buy up to half of the company and use it as a vehicle to buy fields put up for sale by major operators including BP.
- 1 Rarest Beanie Baby bought for just £10 at car boot sale could be sold for £62,500 on eBay
- 2 Katie Hopkins and The Sun editor are reported to police for incitement to racial hatred following migrant boat column
- 3 Giorgio Armani criticises the way some gay men dress saying 'a man has to be a man'
- 4 Rebecca Francis accuses Ricky Gervais of using 'influence' to target female hunters after receiving barrage of death threats
- 5 Australian student Tommy Connolly, 23, adopts his pregnant, homeless 17-year-old cousin to give her a chance at 'a better life'
Rarest Beanie Baby bought for just £10 at car boot sale could be sold for £62,500 on eBay
Katie Hopkins and The Sun editor are reported to police for incitement to racial hatred following migrant boat column
'Jihadi John': Isis executioner Mohammed Emwazi wanted to wage jihad in Somalia until his friends were betrayed and killed by al-Shabaab
Parma, Missouri: 80 per cent of town's police quit after first black mayor is elected
Australian student Tommy Connolly, 23, adopts his pregnant, homeless 17-year-old cousin to give her a chance at 'a better life'
If I’m being racially abused I don’t need a stranger with a saviour complex to rescue me
The only black face in the Ukip manifesto is on the page about overseas aid
Ukip is the only main political party to not address LGBT rights in its manifesto
Food banks: One million Britons will soon be using them, according to Trussell Trust
Religion isn't growing, it is becoming vigorous in its demise, says philosopher AC Grayling
BBC election debate: The one photo that summed up the whole 90-minute leaders debate
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