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.
Jo from Northern Ireland was less than impressed by Russell Brand's attempt to stage a publicity stunt
- 1 Nigel Farage: Me vs Russell Brand on Question Time – he's got the chest hair but where are his ideas?
- 2 Harry Potter fans can apply to the Hogwarts-inspired College of Wizardry
- 3 Jessica Chambers: 19-year-old woman 'doused with lighter fluid and burned alive' in the US
- 4 Russell Brand calls Nigel Farage 'poundshop Enoch Powell' in BBC Question Time debate
- 5 Orange Wednesdays are no more
Weather bomb in pictures: Storms cuts power for tens of thousands – and snow is on the way
Jessica Chambers: 19-year-old woman 'doused with lighter fluid and burned alive' in the US
Russell Brand calls Nigel Farage 'poundshop Enoch Powell' in BBC Question Time debate
Russell Brand was rendered speechless on Question Time by this man
Fury at Airbus after it hints the super-jumbo may be mothballed
Nigel Farage: Me vs Russell Brand on Question Time – he's got the chest hair but where are his ideas?
Shock poll shows voters believe Ukip is to the left of the Tories
Disgruntled RBS worker writes hilarious open letter to Russell Brand after anti-capitalist publicity stunt leaves him hungry
New era of cheap oil 'will destroy green revolution'
Ukip founder Alan Sked and Nigel Farage 'begged Enoch Powell to stand as a candidate'
Ukip candidate jokes about 'shooting peasants' in racist and homophobic rant
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