What the Sunday papers said...
Monday 09 July 2012
The Independent on Sunday: Germany ratchets up inquiry into interbank rate deals
German regulators have begun an intensive inquiry into Deutsche Bank over its involvement in setting Libor rates as regulators around the world investigate claims that the key interest rates were manipulated. BaFin, the German regulator, has moved an existing inquiry to the status of "special investigation process". The results are expected later this month.
The Mail on Sunday: Farepak victims call for more compensation
Farepak campaigners are set to press for an extra £10m in compensation for customers hit by the collapse of the Christmas hamper business from HBOS, now part of Lloyds Banking Group. The bank has already paid out £10m, including an £8m payment made last week. The campaigners, Unfairpak, are to meet the Business Secretary, Vince Cable, this week.
The Sunday Times: Marks & Spencer to reveal worst results in three years
Marks & Spencer is set to reveal its worst quarterly trading in three years at its annual meeting tomorrow, adding to the pressure on its chief executive, Marc Bolland. The high street stalwart is expected to report a 7 per cent fall in sales of clothing and homeware for the last quarter, fuelling fears it will have to cut its profits forecast for the year to March 2013 from £700m to £680m.
The Sunday Telegraph: Battle of the oligarchs heads for London courts
The owner of Chelsea FC, Roman Abramovich, is expected to be a witness in the High Court clash between the Russian billionaires Oleg Deripaska and Michael Cherney. Mr Cherney says he was a shareholder and partner in Mr Deripaska's aluminium business. Mr Deripaska says that payments made to Mr Cherney were "kyrsha" – extortion. The case starts today.
- 4 Amal Clooney gives excellent response to fashion question at European Court of Human Rights
- 5 A bottle of wine a day is not bad for you and abstaining is worse than drinking, scientist claims
Saudi preacher who 'raped and tortured' his five -year-old daughter to death is released after paying 'blood money'
Michelle Obama highlights harsh restrictions faced by Saudi women after meeting King Salman without wearing a headscarf
Amal Clooney gives excellent response to fashion question at European Court of Human Rights
Isis publicly behead man in Syrian town square for 'insulting Allah' as he screams for help
One spelling error costs Companies House up to £9 million after being sued for ruining business
9 reasons Greece's experiment with the radical left is doomed to failure
'We would evict Queen from Buckingham Palace and allocate her council house,' say Greens
Greece elections: Syriza and EU on collision course after election win for left-wing party
British Muslim school children suffering a backlash of abuse following Paris attacks
British grandmother Lindsay Sandiford faces execution by firing squad in Indonesia
Liberal Democrat minister defends comments suggesting immigration causes pub closures
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