What The Sunday Papers Said
Monday 17 December 2012
MoD supply reform hits problems
Defence Secretary Philip Hammond's plans to reform the £14bn agency supplying the armed forces is under threat as advisers struggle to prove that, in effect, privatising the division – it would be run by a contractor under the plans – is value for money. Whitehall sources cite the failure of G4S to provide enough security at the Olympics and problems over rail privatisation as reason for caution.
Oil-trading giant plots £3bn float
Secretive Swiss oil trader Trafigura is set to float part of its vast empire on the London Stock Exchange with the £3 billion listing of its Puma Energy subsidiary. Puma is 65 per cent owned by Trafigura, which sold a 20 per cent stake last year to Sonangol, Angola's state oil company. The fast-growing business is focused on refining, transporting and selling petrol mainly in the developing world.
Auction of 4G could fall short by billions
Chancellor George Osborne could face a big hole in the public finances after regulator Ofcom set a reserve price of £1.2bn on the sale of 4G mobile spectrum. According to estimates from the Office for Budget Responsibility, the auction of the spectrum should fetch £3.5bn, but the fiscal watchdog has not talked to the Treasury or the regulator about how much the auction is likely to raise.
Banks face fresh split threat as parliament eyes fresh laws
Banks face being broken up if they do not improve. The Parliamentary Commission on Banking Standards will consider the "nuclear option" of splitting retail and investment banks if ring-fencing proves inadequate. It publishes its report on the Bank Reform Bill this week. Commission member and former chancellor Lord Lawson of Blaby is in favour of full separation.
Diving in at the deep end is no excuse for shirking the style stakes
- 2 Why I'm on the brink of burning my Israeli passport
- 4 War is war: Why I stand with Israel
- 5 Blackest is the new black: Scientists have developed a material so dark that you can't see it...
Ian Thorpe gay: Olympic swimmer comes out in Parkinson interview
Stephen Fry ‘criticises Operation Yewtree in dinner party rant’ calling for tougher laws to deter false sex abuse allegations
Israel-Gaza conflict: ‘Sderot cinema’ image shows Israelis with popcorn and chairs 'cheering as missiles strike Palestinian targets'
Israel-Gaza conflict: Israeli air strike destroys home for the disabled killing two women residents
Israel-Gaza conflict: Israeli PM says conflict may 'continue for a long time' as hundreds of Palestinians flee their homes
Sustained immigration has not harmed Britons' employment, say government advisers
War is war: Why I stand with Israel
Even when it brutalises one of its own teenage citizens, America is helpless against Israel
Socialist Worker called to apologise over ‘vile’ article saying Eton schoolboy Horatio Chapple's death is ‘reason to save the polar bears’
Emergency data law: David Cameron plots to bring back snoopers’ charter
NUT strike: David Cameron announces crackdown on strike action ahead of mass industrial action
iJobs Money & Business
£70000 per annum: Harrington Starr: Information Security Manager (ISO 27001, A...
£75000 - £85000 per annum + ex bens: Deerfoot IT Resources Limited: Biztalk Te...
£60000 per annum: Harrington Starr: Trade Desk Specialist (FIX, Linux, Windows...
£35000 per annum: Harrington Starr: Service Desk Analyst (Windows, Active Dire...