What The Sunday Papers Said
Monday 18 March 2013
George Osborne will this week pave the way for the first overhaul of the Bank of England's mandate since the monetary authority was granted operational independence under Labour in 1997.
In Wednesday's Budget, Mr Osborne is expected to tell the House of Commons that the UK's monetary policy framework will be reviewed to see whether it could be made more effective.
The Sunday Times: American firm to grab helicopter rescue deal
An American helicopter operator is set to win a £3bn contract to take over Britain's search and rescue service.
Bristow, which is listed in New York and based in Houston, has beaten Bond Aviation, a British rival, to secure the 13-year deal.
The rescue service is currently run jointly by the Royal Air Force, the Royal Navy and the Maritime & Coastguard Agency.
The Mail on Sunday: Feuding airline chiefs unite for attack on passenger tax
Rival airline chiefs have joined forces in an unprecedented show of unity to call on the Chancellor to scrap air passenger duty in Wednesday's Budget to boost growth.
The tax is included in the ticket price paid by all passengers flying from a British airport and can add £92 to the cost of a standard-class long-haul flight, or £13 to a short-haul flight, experts have claimed.
The Sunday Telegraph: Apax in talks for potential £1bn Travelex sale
The private equity firm Apax has been approached over a potential £1bn sale of Travelex, the foreign exchange business. Although the talks, thought to be with an Asian buyer, were unsolicited, they could spark a formal sales process later this year. Travelex, founded in 1976 in London, trades more than 80 currencies in more than 50 countries.
- 1 Nigel Farage: Me vs Russell Brand on Question Time – he's got the chest hair but where are his ideas?
- 2 Harry Potter fans can apply to the Hogwarts-inspired College of Wizardry
- 3 Jessica Chambers: 19-year-old woman 'doused with lighter fluid and burned alive' in the US
- 4 Russell Brand calls Nigel Farage 'poundshop Enoch Powell' in BBC Question Time debate
- 5 Orange Wednesdays are no more
Weather bomb in pictures: Storms cuts power for tens of thousands – and snow is on the way
Jessica Chambers: 19-year-old woman 'doused with lighter fluid and burned alive' in the US
Russell Brand calls Nigel Farage 'poundshop Enoch Powell' in BBC Question Time debate
Russell Brand was rendered speechless on Question Time by this man
Fury at Airbus after it hints the super-jumbo may be mothballed
Disgruntled RBS worker writes hilarious open letter to Russell Brand after anti-capitalist publicity stunt leaves him hungry
Shock poll shows voters believe Ukip is to the left of the Tories
Nigel Farage's approval rating hits 'record low' as popularity suffers in wake of Ukip sex scandal
Nigel Farage defends Kerry Smith 'ch***y' comment: 'If you are going for a Chinese, what do you say you’re going for?'
Ukip candidate jokes about 'shooting peasants' in racist and homophobic rant
Pakistan school attack live: Taliban kill at least 132 children in 'horrifying' massacre
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