What the Sunday Papers said
Monday 20 May 2013
The Independent on Sunday: Anger over SSE profits after price hikes
The Big Six energy producer SSE is braced for accusations of profiteering when it unveils its annual results this week. The energy giant, formerly known as Scottish & Southern Energy, is expected to unveil a 30 per cent jump in profits at its retail division, where it put up oil and gas tariffs by 9 per cent last October. It was also fined £10.5m for mis-selling by Ofgem last month.
The Mail on Sunday: Canadians prepare new bid for water firm
A group of investors led by a Canadian pension fund is preparing to raise its offer for the water group Severn Trent. The consortium, which includes the UK's Universities Superannuation Scheme as well as Kuwait's Investment Office and Canada's Borealis Infrastructure, has until 11 June – after Severn Trent's annual results are due – to table a new offer. Its initial £5bn offer was rebuffed last week.
The Sunday Times: Royal Mail prepares for privatisation
The Royal Mail is expected to unveil underlying profits between £300m and £400m this week, paving the way for its £3bn privatisation later this year. The operating profits, boosted by deliveries of online shopping, could be double last year's £211m. The Government is hoping to list the Royal Mail on the London Stock Exchange.
The Sunday Telegraph: Sir Roger Carr lined up as BAE chairman
The outgoing president of the CBI business lobby group is the frontrunner to replace Sir Dick Olver as chairman of BAE Systems. Sir Roger Carr, who has also chaired the British Gas energy giant Centrica and the chocolate group Cadbury's while it was being taken over by Kraft Foods, is expected to be formally appointed within weeks.
Threat of 'catastrophic cascade of collisions' must be averted, warn scientists
Britain's top vet sparks controversy with call for ban on slashing animals' throats in 'ritual' slaughters for halal and kosher meat products
Poor 'live like animals' says Boris's privately educated sister after going on 'poverty safari'
Exclusive: Impact of immigrants on British workers ‘negligible’
Vince Cable: Teachers 'know absolutely nothing' about the world of work
Ukraine crisis: Russia pledges to 'retaliate against sanctions' as Ukrainian president says Crimea vote will not be recognised
The quiet diplomat: Catherine Ashton - recognised and admired in all the world’s troubled countries, yet ridiculed at home
- 1 Oxford is the least affordable city in the UK, where houses cost 11 times local salaries
- 2 Australian man Rod Sommerville reacts to bite from deadly snake by reaching for cold beer
- 3 North Korea elections: Kim Jong-un wins 100% of the vote
- 4 David Cameron resorts to paying for Facebook fans because not enough people like him
- 5 Steve Irwin’s final words: Cameraman present at death opens up about deadly stingray attack for the first time
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