What The Sunday Papers Said
Monday 30 September 2013
The Independent on Sunday: Executive pay votes ‘will curb the fat cat excesses’
Vince Cable has vowed that “shareholders will no longer be kept in the dark” over executive pay, ahead of the introduction of binding votes this week. The Business Secretary told The Independent on Sunday that the votes on pay will be a “powerful tool” in clamping down on the corporate excess, which led to last year’s shareholder spring of pay revolts that claimed high-profile scalps.
The Sunday Times: Pawnbroker scrambles to secure cash lifeline
Britain’s second-biggest pawnbroker is to be rescued with an emergency injection of cash after being laid low by spiralling debts and the collapse in the gold price. Albemarle & Bond, whose shops are a fixture on the high street, is understood to be finalising a bailout that will be announced this week alongside its delayed annual results. It may need to raise between £15m and £20m.
The Mail on Sunday: Top aide to Cable warns of Lloyds sale disaster
Selling Government-owned shares in Lloyds Banking Group could prove as big a mistake as Gordon Brown’s ill-timed gold sell-off of the late 1990s, a senior adviser to Business Secretary Vince Cable warned. The alarm has been raised by Lawrence Tomlinson, a multi-millionaire adviser to Mr Cable. He will issue the warning at the Conservative Party Conference today.
Guy Hands pulls plug on £1.25bn Odeon float
Private equity veteran Guy Hands has pulled a planned £1.25bn ﬂoat of the Odeon cinema chain amid weak trading in its Spanish business. Mr Hands, who controls Odeon & UCI Cinemas Group through his Terra Firma funds, has decided to maintain control of the business until trading improves. It is the second time in three years Terra Firma has pulled a proposed sale.
- 1 East 17 bandmember Brian Harvey in 'very desperate situation’
- 2 Is this bridge haunted by the ghost of nu rave?
- 3 Woman filmed launching racist tirade against men on the Tube for speaking in 'own lingo'
- 4 The West has it totally wrong on Lee Kuan Yew
- 5 Scientists have discovered a simple way to cook rice that dramatically cuts the calories
East 17 bandmember Brian Harvey in 'very desperate situation’
Is this bridge haunted by the ghost of nu rave?
Woman filmed launching racist tirade against men on the Tube for speaking in 'own lingo'
Saudi Arabia says it won't rule out building nuclear weapons
Germanwings plane crash: Andreas Lubitz 'had eyesight problems' and woke from nightmares 'screaming we’re going down'
Ukip supporters are 55 or older, white and socially conservative, finds British Social Attitudes Report
JK Rowling responds to fan tweeting she 'can't see' Dumbledore being gay
Jeremy Clarkson sacked live: Alan Yentob 'wouldn't rule out' ex Top Gear host's BBC return
David Cameron calls Labour 'hopeless, sneering socialists' while announcing 7-day NHS plans
Revealed: Putin's army of pro-Kremlin bloggers
The West has it totally wrong on Lee Kuan Yew
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