What the Sunday papers said
Monday 04 February 2013
Royal Bank of Scotland has moved to calm investor fears over the future of its chief executive Stephen Hester, as chairman Sir Philip Hampton privately promised shareholders Mr Hester will stay well into next year. The news comes as the taxpayer-owned bank is expected to be hit with a £500m fine by US and UK regulators this week, just as it pays bankers £250m in bonuses.
The Sunday Times: EE owners near to appointing advisers for LSE flotation
Deutsche Telekom and France Télécom are close to appointing advisers for the flotation of Britain's biggest mobile-phone operator, Everything Everywhere, on the London Stock Exchange. The pair are expected to raise more than £1bn a piece by selling 25 per cent stakes in the group, which was formed from the merger of their T-Mobile and Orange units. A flotation is expected this autumn.
The Mail on Sunday: MPs crank up the pressure on bank chiefs over bonuses
Bank bosses will come under fresh pressure to surrender their bonuses and slash payouts to colleagues when they appear before MPs. The chief executives of Barclays, HSBC and Lloyds are due to be questioned by the parliamentary Commission on Banking Standards this week. Lloyds' Antonio Horta-Osorio and Barclays' Antony Jenkins have already ruled out receiving a bonus themselves this year.
The Sunday Telegraph: Osborne in last-ditch talks over ringfencing banks' varied roles
George Osborne was locked in last-ditch talks over plans for new powers to split up Britain's banks if ringfencing retail and investment banking divisions is deemed not to have worked. The Chancellor, who is giving a speech on the issue this week, is expected to oppose a "blanket" power for regulators to break up banks. He also wants RBS to pay Libor fines from its bonus pool.
elephant appealThe first 23 lots in our charity auction have now gone. But there are 22 more still up for grabs
From rainforests and reefs to beaches and boat trips
comedy'Fresh Meat' star sees off stiff competition from Alan Carr, David Mitchell, Graham Norton, Lee Mack and Sarah Millican to win top prize
Mystery of Epping Forest 'big cat' is solved
North Korea: First Kim Jong-un orders execution of uncle - now it emerges that victim's wife was involved in decision to execute him
Humans are not smarter than animals - we just don't understand them
Woman who miscarried in private prison 'made to clean up after herself,' court told
Fox News presenter tells viewers it is a 'fact' that both Jesus and Santa Claus are white
- 1 French café starts charging extra to rude customers
- 2 Australia incest case: Deformed children found in remote farming community after generations of inbreeding
- 3 Physicists discover 'clearest evidence yet' that the Universe is a hologram
- 4 Woman who miscarried in private prison 'made to clean up after herself,' court told
- 5 Fox News presenter tells viewers it is a 'fact' that both Jesus and Santa Claus are white
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