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.
- 1 Revolutionary lost Caravaggio painting 'Mary Magdalen in Ecstasy' identified
- 2 McKamey Manor: This 'extreme' haunted house is the stuff of nightmares
- 3 Russell Brand says he will 'probably' give up acting to focus on his revolution
- 4 Watch what happened when food critics were unknowingly served McDonald's
- 5 David Beckham's Haig Club whisky is exactly what’s wrong with the Highlands
Renee Zellweger on plastic surgery rumours: 'I'm living a more fulfilling life and I'm thrilled that perhaps it shows'
Eleven members of same family hospitalised after eating deadly pufferfish
FCKH8: YouTube reinstates provocative anti-sexism video showing young girls swearing
Phone-hacking: The Piers Morgan connection - Mirror admits some stories during Morgan's tenure may have been obtained by illegal means
Russell Brand says he will 'probably' give up acting to focus on his revolution
Of course, teenage girls need role models – but not like beauty vlogger Zoella
Cameron is warned 'no possibility' of UK reducing immigration and that bid to bring in quota on migrant workers would be illegal
Support for EU membership 'at highest level since 1991' with most Brits wanting to stay 'in'
Thousands with degenerative conditions classified as 'fit to work in future' – despite no possibility of improvement
Attacks on 'Ukip Calypso' show how skewed people’s priorities are
Poppy Appeal 2014: This is why I won't be wearing a red poppy this year
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