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.
- 2 California man brutally beat 82-year-old Sikh grandfather he mistook for 'one of those people'
- 3 School kitchen manager 'fired from Colorado school for giving hungry students free lunches'
- 5 Charles Kennedy 'had better judgement drunk than many sober politicians' says Ian Hislop
California man brutally beat 82-year-old Sikh grandfather he mistook for 'one of those people'
Amber Peat: Body found in search for missing 13-year-old who left house after argument with her parents
School kitchen manager 'fired from Colorado school for giving hungry students free lunches'
Isis executes three gay men by dangling them from top of 100ft building and letting go
Alton Towers crash: Four guests seriously injured as Smiler ride carriages collide
Thousands of teenage girls enduring debilitating illnesses after routine school cancer vaccination
Migrants in Kos: Photos show real tragedy after Brits abroad complain of 'awkward' holidays
British tourists complain that impoverished boat migrants are making holidays 'awkward' in Kos
Michael Gove determined to scrap the Human Rights Act – even if Scotland retains it
Threat to scrap Human Rights Act could see UK follow Nazi example, warns UN official
Church of England 'one generation away from extinction' after dramatic loss of followers
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