What The Sunday Papers Said
Monday 11 March 2013
The Independent on Sunday: Government closes in on 35-year deal nuclear deal with EDF
The Coalition has broadly agreed terms with French giant EDF over a £14bn new nuclear development at Hinkley Point in Somerset. The deal would see EDF receive a guaranteed minimum price for electricity produced over a 35-year period. EDF had pressed for a 40-year deal, double the length of time civil servants had envisaged. However, there is still a chance talks could break down.
The Sunday Times: Virgin Atlantic's new boss warns staff of record annual losses
Sir Richard Branson's airline is facing a loss of £135m. New chief executive Craig Kreeger warned in an internal memo that its financial performance is "well behind where we anticipated". Escalating fuel costs are likely to mean Virgin Atlantic suffers an even worse loss than last year's £80m. Kreeger added in the memo that the airline would "have to make some tough calls" and ruled out annual pay increases.
The Mail on Sunday: Wetherspoon boss looks to build a motorway pubs empire
Tim Martin, the outspoken founder of pub chain JD Wetherspoon, is looking to sell booze in motorway service stations. The 57-year old, who is as famous for his euroscepticism as for selling British ales at affordable prices, is close to signing a deal for his first motorway venture, the Extra service station in Beaconsfield. At present, selling alcohol in service stations is illegal, though the ban could be lifted.
The Sunday Telegraph: Wonga to double size of small-business loans to £30,000
Payday lender Wonga is to step up the amount it offers small businesses, by increasing maximum loan from £15,000 to £30,000. Better known for offering short-term personal loans with high rates of annualised interest, Wonga wants to grow the business customers' division it launched less than a year ago. Despite the increase, businesses will have no longer to pay back the loans, which remains at 52 weeks.
- 1 President of Argentina adopts Jewish godson to 'stop him turning into a werewolf'
- 2 Stoke-on-Trent becomes first British city to be classified as 'disaster resilient' by the United Nations
- 3 Sir Winston Churchill’s family begged him not to convert to Islam, letter reveals
- 4 AirAsia flight QZ8501 missing: Search for plane carrying 162 passengers from Indonesia to Singapore suspended overnight
- 5 Game of Thrones is most-pirated TV show of 2014
President of Argentina adopts Jewish godson to 'stop him turning into a werewolf'
Exclusive: Abusers using spyware apps to monitor partners reaches 'epidemic proportions'
Stoke-on-Trent becomes first British city to be classified as 'disaster resilient' by the United Nations
Sir Winston Churchill’s family begged him not to convert to Islam, letter reveals
AirAsia flight QZ8501 missing: Search for plane carrying 162 passengers from Indonesia to Singapore suspended overnight
British actor Idris Elba cannot star as James Bond because he is black, says shock jock Rush Limbaugh
Millions of Britons struggling to feed themselves and facing malnourishment
Ukip member gets into Christmas spirit with Union Flag plea to Santa 'for our country back'
Germany anti-Islam protests: 17,000 march on Dresden against 'Islamification of the West'
Nigel Farage: Ukip leader named 'Briton of the year' by The Times
Immigrants make UK racist, says Ukip councillor Trevor Shonk
iJobs Money & Business
Not specified: Selby Jennings: VP/SVP Credit Quant Top tier investment bank i...
Not specified: Selby Jennings: Quantitative Research | Global Equity | New Yor...
Not specified: Selby Jennings: SVP Model Validation This top tiered investment...
Highly Competitive: Selby Jennings: Our client, a leading European Oil trading...