What the Sunday papers said
Monday 08 October 2012
Independent on Sunday: Scardino to step down from Nokia after Pearson exit
Days after announcing her departure from the helm of Financial Times owner Pearson, Dame Marjorie Scardino is preparing to give up a second-high profile role. Next spring, the first female boss in the FTSE 100 will retire from the troubled mobile phone-maker Nokia. Dame Marjorie has sat on the Finnish firm's board since 2001, acting as vice-chairman since 2007.
The Sunday Times: Controversy over Lloyds plan to pay dividend
Lloyds Banking Group is embroiled in a dispute with the City watchdog over its plans to return cash to shareholders. Antonio Horta-Osorio, the bank's chief executive, wants to pay a small dividend from the profit the bank expects to make next year. It would be the first since the Government acquired a 43 per cent stake in the 2008 rescue deal.
The Mail on Sunday: Tesco to link bank account to loyalty scheme
Tesco Bank's long-awaited current account will be linked to its loyalty scheme, with account holders awarded Clubcard points for using debit cards. Benny Higgins, head of Tesco Bank, said linking the accounts to the loyalty scheme was a key part of the strategy. Last week Mr Higgins' division was described by one analyst as "the one bright spot" in Tesco's poor financial results.
The Sunday Telegraph: Cameron stepped into rail row after plea from Branson
The Prime Minister personally intervened in the bidding process for the West Coast main line and asked the Cabinet Secretary, Sir Jeremy Heywood, to investigate the matter after a private appeal from Sir Richard Branson. David Cameron said that Sir Jeremy's inquiry failed to uncover any of the problems revealed just weeks later by the Department for Transport.
- 1 What, let gays get married? We must be bonkers
- 2 'Something passed underneath us, quite close': Airbus A320 has close encounter with UFO
- 3 Rocky Horror star Tim Curry 'suffers major stroke'
- 4 Lord of the Sings: Sir Christopher Lee, 91, to release heavy metal album
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