What the Sunday papers said
Monday 22 October 2012
The Independent on Sunday: Recession ends, but recovery to be slowest for 100 years
The UK is on course for its slowest recovery in a century, even though the end of the double-dip recession is set to be confirmed this week. Official figures are likely to show that the economy expanded by 0.6 per cent in the third quarter, the first expansion since September last year. The figures will have been boosted by one-off factors, including Olympic ticket sales.
The Sunday Telegraph: Facebook chief to head up London's Tech City
Joanna Shields, the Facebook executive responsible for the social network in Europe, the Middle and Africa, is to take the helm of the Government's Tech City Investment Organisation. Ms Shields will be chief executive of the body, which has attracted companies ranging from start-ups to Google and Intel to the cluster of hi-tech businesses sited at "Silicon Roundabout" in east London.
The Sunday Times: Goldman Sachs due £13m tax credit after shares fall
Goldman Sachs is expecting a £13m tax credit in the UK. Accounts show that the US banking giant had set aside the money to pay tax on staff share options. But Goldman's shares nearly halved in 2011, meaning the tax bill was less than expected, prompting the bank to book the £13m tax credit.
The Mail on Sunday: Manufacturers step into breach left by banks
Manufacturers are lending billions to smaller businesses to make up the shortfall in lending from banks. Rolls-Royce said it had lent £500m to small suppliers, while GlaxoSmithKline said it had set up a supply chain financing system.
- 3 Russian girl takes her own life after parents find pornography on her computer
- 4 Ball pool for adults opens in London
- 5 Amal Clooney gives excellent response to fashion question at European Court of Human Rights
Michelle Obama highlights harsh restrictions faced by Saudi women after meeting King Salman without wearing a headscarf
Saudi preacher who 'raped and tortured' his five -year-old daughter to death is released after paying 'blood money'
Kim Kardashian on Bruce Jenner's 'story': 'We support him no matter what, and I think when the time is right, he'll talk'
Russian girl takes her own life after parents find pornography on her computer
Ball pool for adults opens in London
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
Have we reached 'peak food'? Shortages loom as global production rates slow
Greece elections: Syriza and EU on collision course after election win for left-wing party
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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