What the Sunday papers said
Monday 18 June 2012
The Independent on Sunday: Promoter slams BBC's rock festivals 'funded by taxpayers'
Vince Power, the rock festivals promoter, has launched a furious campaign against the BBC for putting on so many free festivals. Events like the Hackney Weekend, headlined by Rihanna, are putting big acts off starring in commercial events, like his Hop Farm festival, he claims. Record companies prefer their stars to play BBC gigs because of the big airplay they generate.
The Mail on Sunday: Big losses loom for Magnier and McManus in care homes sale
The care homes business backed by John Magnier and JP McManus, the bloodstock tycoons, could be sold in a deal triggering major losses for the duo. Castlebeck, hit last year by claims of abuse by staff against patients, is working on plans which could lead to a break-up or outright sale of the group. A bid would valued at far less than the £255m buyout price in 2006.
The Sunday Times: City watchdog condems banks' staff rewards for misselling
The Financial Services Authority is to issue a damning report into the way banks' commission payments effectively reward staff for selling inappropriate products to customers. However, it has held back from imposing new rules or guidance. The report highlights how banks had big incentives for staff to sell often worthless products such as payment protection insurance.
The Sunday Telegraph: Xstrata under pressure to cut massive pay deal for Davis
Xstrata directors are under increasing pressure to cut the £29m golden handcuffs deal for the chief executive, Mick Davis, which they see as crucial to make the merger with Glencore work. The retention bonus has angered investors as it means that Mr Davis will pocket £10m a year for three years regardless of performance.
South Korea ferry: Vice principal rescued from sinking ship found hanged
Missing Malaysia Airlines Flight MH370: Wreckage could be found within a week as search reaches 'very critical juncture', says minister
Royal Tour 2014: Is Kate Middleton the only person ever to climb into a fighter jet wearing a dress and high heels?
Kim Jong-un, crowds and contraband: Inside North Korea with the the Pyongyang marathon winner
Cover up! Mother told to show less cleavage during Disneyland family trip: 'Are we supposed to wear turtlenecks our whole lives?'
The food poverty scandal that shames Britain: Nearly 1m people rely on handouts to eat – and benefit reforms may be to blame
US Navy christens huge $3 billion destroyer ship USS Zumwalt that appears as a fishing boat on enemy radar
Scottish independence: It is the English who should be on their knees, begging the Scots to vote ‘No’
Nigel Farage fatigue? Half of voters ‘immune’ to Ukip’s appeal
Nigel Farage: I’m taking on the status quo, and the Establishment’s fighting back
'Sinful': Video of British Muslims dancing to Pharrell Williams's hit Happy comes under attack
- 1 Pet cat puts three family members in hospital after launching frenzied attack
- 2 Dylan Tombides: West Ham confirm 20-year-old striker has died after battle with cancer
- 3 24 people applied for the 'world's toughest job', here are their interviews
- 4 Angus Steakhouse: How does tourist staple continue to thrive in today's gourmet market?
- 5 Cover up! Mother told to show less cleavage during Disneyland family trip: 'Are we supposed to wear turtlenecks our whole lives?'
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