What the Sunday Papers said…
Monday 29 July 2013
The Independent on Sunday: Regulator accused of £110m error
The Big Four accountants have accused the Competition Commission of under-estimating the cost of sweeping reform of the audit market by as much as £110m, the newspaper reports. Last week the Commission said proposals to force FTSE 350 companies to change auditors every five years would cost £30m but a source at one of the UK’s leading accountants put the cost as high as £140m.
The Sunday Times: 18 more GSK staff detained in China
A further 18 people have been detained by Chinese police over the bribery scandal engulfing drugs giant Glaxo Smith Kline. Sources told the newspaper that the individuals had been detained several weeks ago but the move was only publicised on Friday. The company has been accused of a £300m scheme to bribe doctors to boost drug sales, although no charges have yet been brought against staff.
The Mail on Sunday: Banks face huge extra PPI payouts
Lloyds Banking Group will set aside another £250m to compensate customers mis-sold payment protection insurance in half-year results this week, according to the newspaper. Barclays is also expected to take a fresh £200m hit. The UK’s four biggest banks have racked up £13.2bn in provisions over the scandal so far and increased payouts in May to £420m, the Financial Conduct Authority says.
The Sunday Telegraph: McEwan leads race for top job
The Royal Bank of Scotland’s retail banking chief Ross McEwan is the leading contender to replace Stephen Hester as chief executive, the newspaper reports. The appointment of the New Zealand-born Mr McEwan – which has to be approved by the board, the City’s regulators and the body which manages the taxpayer’s 81 per cent stake in the bank – could be announced as early as Friday.
- 1 Nathan Collier: Montana man inspired by same-sex marriage ruling requests right to wed two wives
- 3 'Help me I'm trapped in a factory' messages keep being found on bottles of vitamin water
- 4 Right to die: Belgian doctors rule depressed 24-year-old woman has right to end her life
- 5 BP hit with record $18.7 billion fine over Deepwater Horizon Gulf oil spill
Nathan Collier: Montana man inspired by same-sex marriage ruling requests right to wed two wives
Amber Roof: Sister of Charleston shooting suspect Dylann Roof launches fund-raising appeal for wedding and honeymoon
Russell Brand condemns moment of silence for Tunisia attack victims as a 'minute of bulls**t'
Right to die: Belgian doctors rule depressed 24-year-old woman has right to end her life
Worker killed by robot at Volkswagen car factory
Greece crisis: IMF was pushed around by Angela Merkel and Nicholas Sarkozy – and now it is being humiliated
Forget little green men – aliens will look like humans, says Cambridge University evolution expert
'I wish the BBC would stop calling it Islamic State' – David Cameron unleashes frustration at broadcaster
Greece crisis: The wider lesson is that it’s time to abandon this failed experiment in currencies
Girl, 7, stares down hate preacher at Ohio festival with pro-LGBT rainbow flag gesture
They are neither a 'state' nor 'Islamic': Why we shouldn't call them Isis, Isil or IS
iJobs Money & Business
£15000 - £17000 per annum: Recruitment Genius: This company offers a range of ...
£15000 - £16000 per annum: Recruitment Genius: Customer Service Advisors are r...
£20000 - £25000 per annum + OTE £45K: SThree: SThree were established in 1986....
£40000 - £60000 per annum: Recruitment Genius: A Compliance Manager is require...