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Business Analysis & Features

What the Sunday papers said



Independent on Sunday: Nuclear chief’s despair over Sellafield firm NMP

Damning criticism of the consortium overseeing the expensive clean-up of the Sellafield nuclear reprocessing plant has been revealed in a series of hostile letters written by John Clarke, head of the UK’s Nuclear Decommissioning Authority. Mr Clarke accused Nuclear Management Partners (NMP) of undermining confidence and damaging the entire project’s reputation.

Mail on Sunday: Carbon levy freeze to curb energy bills

The Government is set to freeze the controversial carbon tax which penalises coal and gas-fired power stations – in a surprise move that could stop energy bills soaring. The levy adds about £5 to the average energy bill, but without a freeze this would rise to nearly £50 by 2020. The move is being seen as a fresh sign that the Coalition is reining back its green ambitions. The tax is aimed at reducing pollution.

Sunday Times: Wall Street titans plot to break up supermarkets

Activist investors are drawing up audacious plans to force Britain’s supermarket giants into a shake-up of their prized property empires. A pack of Wall Street investors has targeted Tesco, Sainsbury’s, and Morrisons as part of an industry-wide campaign to push for an overhaul of store estates and are expected to demand property holdings be spun off into separate companies and then floated.

Sunday Telegraph: Barclays considers Premier League exit

The Premier League is facing the loss of its £40m-a-year title sponsor, with Barclays unlikely to bid again for the rights. Sources close to the British bank, which has sponsored the Premier League since 2001, said the likely rising cost of sponsoring the league would make it too expensive after 2016 and said the current £120m, three-year deal had brought “zero value” in the UK.