What the Sunday Papers said
Monday 19 November 2012
The Independent on Sunday: Critics of Big Four audit firms see evidence of 'closed shop'
Critics of the Big Four accountants believe that a Competition Commission inquiry has found the smoking gun that proves that the audit market is "a closed shop". Evidence published discreetly on the Competition Commission website showed that every FTSE 100 company that switched auditor between 2001 and 2011 did so just between KPMG, PricewaterhouseCoopers, Deloitte and Ernst & Young.
The Sunday Times: Directors urge Treasury to merge NI and income tax
Business leaders have overwhelmingly backed a call to merge national insurance with income tax to help reduce costs, drive up wages and create jobs. The support for a "radical" overhaul of the tax system, revealed in a survey of 1,125 businesses by the Institute of Directors, comes as the Treasury is considering how to simplify workers' taxes ahead of the Autumn Statement.
The Mail on Sunday: Barclay twins backed by Blackstone in battle for hotels
Blackstone has waded into the battle for control of three of London's top hotels – the Berkeley, Claridge's and the Connaught. The US fund management group is backing the twins Sir Frederick and Sir David Barclay, who are trying to wrest the Maybourne Hotel Group from the Irish property developer Paddy McKillen. Maybourne's fate will be decided in the next few weeks.
The Sunday Telegraph: Centrica set to bow out of nuclear power push in UK
Centrica, owner of British Gas, is expected to turn its back on building new nuclear power stations in Britain and focus its expansion in the US. It is expected to end its partnership with EDF Energy to build a new plant at Hinkley Point in Somerset in the new year. Only a change in government policy towards subsidising the next generation of nuclear plants would persuade Centrica to move back into the market.
Harry Potter actor suffered 'severe flu-like symptoms' on a flight from London to Orlando
First full-length look is finally here
World cities ranked in terms of safety, food security and 'liveability'
- 1 Saudi preacher who 'raped and tortured' his five -year-old daughter to death is released after paying 'blood money'
- 2 The awkward moment Sarah Palin raised $25,000 for Hillary Clinton's election campaign
- 3 Ball pool for adults opens in London
- 4 Amal Clooney gives excellent response to fashion question at European Court of Human Rights
- 5 Baldness could soon be treated using stem cells, scientists hope
Woman falls to her death as she celebrates marriage proposal at the edge of Ibiza cliff
Sex abuse inquiry: 'Victims receive death threats' after MPs release names online
Saudi preacher who 'raped and tortured' his five -year-old daughter to death is released after paying 'blood money'
Teenager brandishing fake gun taken down by police after demanding airtime on Netherlands' NOS TV station
The awkward moment Sarah Palin raised $25,000 for Hillary Clinton's election campaign
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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