What the Sunday papers said...
Monday 04 June 2012
The Independent on Sunday: Pressure on Bank to put extra £50bn into recovery
The Bank of England will come under more pressure to pump an extra £50bn into the UK's ailing recovery this week as Eurozone fears over Spain's banks and a Greek pullout of the euro sends bank funding costs soaring. The knife-edge decision comes after biggest slump in UK manufacturing since the aftermath of the Lehman Brothers collapse during May. The Bank could also cut interest rates below their 0.5 per cent record low.
The Sunday Times: Kremlin a bidder for BP's stake in Russian venture
The Kremlin has emerged as a bidder for BP's $25bn Russian business TNK-BP after the UK oil giant put its 50 per cent stake in the operation up for sale. State-owned Rosneftegaz, chaired by a key ally of Russian president Vladimir Putin, is said to have an approach for BP's share of the firm. Rosneft will face opposition from AAR, the consortium of four Russian tycoons which owns the other half of TNK-BP.
The Mail on Sunday: BAA legal action threat over Heathrow runway
Heathrow operator BAA is threatening legal action against the Government if it continues to rule out a third runway at the airport. BAA believes the refusal to look into the move is a breach of "proper process" and it has a good case to force politicians to consider an expansion. Downing Street insists its opposition was part of the Coalition agreement struck in 2010.
The Sunday Telegraph: Lender Wonga eyes a £1bn flotation in US
Payday lender Wonga is weighing up a potential £1bn flotation in the US as early as next year after lining up a beauty parade of three investment banks to handle the launch, the newspaper reports. The firm, which has recently come in for criticism from the Office of Fair Trading, is said to have rejected a London float and is also considering options such as raising cash from private-equity funders.
peopleContenders for Time magazine's Person of the Year are a mixture of the good, the bad and the holy
tvSteven Moffat reveals the actor was dying to take on the role of the Time Lord and says he is excited to see what he will do with the character
sportBayern Munich 2 Manchester City 3: City come from two down to beat reigning European Champions
newsAs the world remembers Mandela the hero, the prison where he spent 27 years seems all the more brutal
arts + ents... and a chance to paint Booker Prize winning author Hilary Mantel
danceUnder Tamara Rojo's inspired direction, it seems possible that it could challenge the dominance of the Royal Ballet. We meet some established names and rising stars
travelDiscover Uruguay's jet-set beach resort, an Atlantic enclave with plenty of art and culture to explore on the side
The ten coldest places on Earth
Sir Ian McKellen hits back at Damian Lewis' 'fruity actor' claims
Kenyan politician Mike Sonko left red-faced after photoshopping himself next to Nelson Mandela
Krokodil in Mexico? Teenager hospitalised after 'injecting drug into her genitals'
Nelson Mandela memorial: Cheers, jeers and a masterclass from Barack Obama that stole the show
- 1 Mountain goats' miraculous escape from avalanche captured in dramatic video footage
- 2 It’s shameful that our universities have accepted gender segregation under pressure from the most oppressive religious fanatics
- 3 Sir Ian McKellen hits back at Damian Lewis' 'fruity actor' claims
- 4 Kenyan politician Mike Sonko left red-faced after photoshopping himself next to Nelson Mandela
- 5 Selfie at funeral: Cameron squeezes in on Obama snap at Mandela memorial
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