What The Sunday Papers Said
Monday 05 November 2012
The Independent on Sunday: Go Compare founder eyes a sale with £500m tag
The founder of Go Compare, the price comparison website, has appointed financial advisers to look at selling the business, which could be valued at £500m. Hayley Parsons launched the website in 2006, and the self-confessed "Welsh girl from the valleys" is looking at her options ahead of stock market flotation of motor insurer Esure which holds a 49 per cent stake in Go Compare.
Lloyds to raise £1bn by selling off stake in St James's Place
Lloyds Banking Group plans to raise £1bn through a sale of its 60 per cent stake in wealth management group St James's Place. It could place the stake with other investors as early as the end of this year. The sell-off could improve the bank's chances of being permitted to restart dividend payments which have so far been blocked by the Financial Services Authority.
US backers of collapsed Comet may pick up millions
The US backers of Comet, which went into administration last week threatening more than 6,000 jobs, could still walk away with millions of pounds. OpCapita. which bought Comet for £2 just over a year ago, is reported to be keeping the warranties business, Triptych. Said to have contributed £30m in profits in 2011, it has not been put into administration alongside the stores and online business.
New rules will force banks to raise more fresh capital
British banks will be forced to raise tens of billions of fresh capital under new accounting rules set to be announced early next year. The banks, which have already raised more than £100 billion to strengthen their balance sheets as a result of the financial crisis, will be told to provide more cash against loans on which they expect to make losses.
- 1 Autistic teenager beaten up by bullies makes them watch 20-minute video about autism
- 2 Nick Kyrgios calls former Olympian Dawn Fraser a 'blatant racist' after she tells Wimbledon star to 'go back where their parents came from'
- 3 World learns of app that shows you who unfriended you on Facebook, app promptly crashes
- 4 Chris Moyles reportedly set to make radio comeback with new breakfast show on XFM
- 5 The Greece debt crisis explained in less than 100 words
Florida man sentenced to two-and-a-half years for having sex on the beach in front of a child
Autistic teenager beaten up by bullies makes them watch 20-minute video about autism
Man who was struck and killed by lightning in Brecon Beacons 'was carrying a selfie stick'
Greece debt crisis as it happened: EU chiefs at loggerheads hours before Alexis Tsipras’s last ditch deal proposals
Florida teacher sentenced to 22 years in prison for sexually abusing three pupils
More Britons believe that multiculturalism makes the country worse - not better, says poll
Osborne to cap family benefits at £23,000 – announced ahead of his post-election Budget
Nathan Collier: Montana man inspired by same-sex marriage ruling requests right to wed two wives
Forget little green men – aliens will look like humans, says Cambridge University evolution expert
Girl, 7, stares down hate preacher at Ohio festival with pro-LGBT rainbow flag gesture
Sickness and disability benefits could be reduced by £30 a week as part of £12bn welfare cuts
iJobs Money & Business
£40000 - £95000 per annum: Recruitment Genius: This is an exciting opportunity...
competitive: SThree: Are you passionate about sales?Do you have a keen interes...
£17000 - £30000 per annum: Recruitment Genius: This is an exciting opportunity...
£15000 - £17000 per annum: Recruitment Genius: This company offers a range of ...