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.
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- 5 A pint of water every day is the key to losing weight, scientists say
Miley Cyrus address Robin Thicke VMA controversy: ‘He wanted me as naked as possible, but I got the heat because I’m a woman’
Most expensive city to live in for expatriates: Luanda, Angola takes number one spot with Hong Kong and Zurich in top three
If Surrey were Syria: Social experiment shows what it's like to live under siege
Irish tourist filmed fighting with shopkeepers in Turkey says they 'messed with the wrong man'
House of Lords: Outcry as donors, fixers and MPs caught up in expenses scandal get peerages
Dresden riots: Protesters in Germany attack refugee buses shouting 'foreigners out'
France train shooting: US soldiers speak of the moment they stopped gunman and 'beat him until he was unconscious'
Labour leadership: Jeremy Corbyn accused of 'deluding' young supporters with 'claptrap'
'Women only' train carriages: Jeremy Corbyn unveils radical move to tackle public harassment
Black holes are a passage to another universe, says Stephen Hawking
Iain Duncan Smith 'should resign over disability benefit death figures', says Jeremy Corbyn
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