What the Sunday papers said
Monday 14 October 2013
The Independent on Sunday: Holiday money firm Travelex set for £1bn flotation
Travelex, the world’s largest foreign-exchange specialist, is eyeing a float that would see it valued at more than £1bn. The company, owned by private equity firm Apax, is looking to join a number of major names planning to float on the London Stock Exchange, such as Merlin, the owner of the London Eye. It comes a number of months after a potential buyer for Travelex, believed to be from Asia, approached Apax.
The Sunday Times: Canadians plot £8bn raid on RBS American retail business
Royal Bank of Scotland’s US retail banking arm could be the subject of a bid from TD Bank, one of Canada’s biggest lenders. RBS is currently planning to float Citizens – which has 1,400 branches and is worth in the region of £8bn – in 2015, but potential bidders think a sale could be brought forward. Other possible suitors for Citizens are believed to include American banks US Bancorp and PNC.
The Mail on Sunday: Watchdog Ofwat set to veto Thames Water price rise
Ofwat is this week set to block Thames Water’s bid to raise the bills of customers by 8 per cent. The company wants the water watchdog to give it the go-ahead for the move, citing the cost of land purchases for its new super-sewer project in London as one reason behind the request. However, Ofwat is expected to not let Thames Water increase prices by as much as the company wants.
The Sunday Telegraph: Cut European Union red tape, business leaders tell Cameron
A number of leading business figures will this week urge David Cameron to push through cuts or changes to 30 European Union regulations. The panel, which includes the Marks & Spencer chief executive, Marc Bolland, and the head of Kingfisher, Ian Cheshire, is due to say that the changes to the level of EU red tape facing businesses could save billions of pounds.
The Sistine Chapel is set to be illuminated with thousands of LEDs
Gillian Anderson lays into gender disparity in Hollywood
- 1 Snoop Dogg and Jared Leto buy a stake in Reddit as A-list invests $50m
- 2 Prince held a Facebook Q&A and this is the only question he answered...
- 3 'F*ck it, I quit': KTVA reporter Charlo Greene quits live on air in spectacular fashion
- 4 35,000 walrus gather ashore on north-west Alaska beach 'for a rest'
- 5 A teacher speaks out: 'I'm effectively being forced out of a career that I wanted to love'
Snoop Dogg and Jared Leto buy a stake in Reddit as A-list invests $50m
Prince held a Facebook Q&A and this is the only question he answered...
Kim Kardashian 'nude photos' leaked on 4chan weeks after Jennifer Lawrence scandal
Brad Pitt, on the moment he completely lost his temper with Clint Eastwood's son
Jennifer Lawrence nude photos leak: More celebrities allegedly targeted as third wave of hacked images released
Exclusive: 'Putin's Russia has been my biggest regret,' says Nato's outgoing Secretary General
The Osborne Ultimatum: Chancellor’s benefits freeze bombshell will affect ten million households
There’s no excuse for Dave Lee Travis’s behaviour, but we need to keep a sense of proportion
Should gay sex be illegal? 16% of Britons think so
Mark Reckless becomes second Tory MP to defect to Ukip in a month
Former Tory donor Arron Banks ups his Ukip donation to £1million following William Hague 'nobody' comment
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