What the Sunday papers said
Monday 03 February 2014
INDEPENDENT ON SUNDAY: Iran to sue Britain over Shah’s missing tanks
Iran is suing a firm owned by the Ministry of Defence over an order for tanks paid for but not delivered before the 1979 revolution. The Shah of Iran ordered 1,750 tanks from International Military Services for £650m but only 185 were delivered. Sanctions meant the compensation was not paid.
SUNDAY TIMES: Low-cost retailer B&M to join stock market
The discounter B&M Retail is to join the stock market at an estimated value of £2bn. B&M is chaired by the ex-Tesco boss Sir Terry Leahy and mostly owned by the US private equity firm Clayton, Dubillier and Rice. The tycoons Simon and Bobby Arora sold most of their 60 per cent to CDR for £900m.
MAIL ON SUNDAY: Ed Balls’ trader brother awarded £4.5m bonus
Shadow Chancellor Ed Balls’ brother has been paid a City bonus of about £4.5m. Andrew Balls is a senior executive at Pimco, the bond trading giant, and was made deputy chief investment officer last month. Accounts show he was one of seven Pimco directors to share a bonus pot of £57m in 2012.
SUNDAY TELEGRAPH: Ocado in hunt for third UK distribution centre
The online retailer Ocado is to begin seeking a third distribution centre in the UK following its successful launch acting as a third-party supplier to Morrisons. Tim Steiner, co-founder and chief executive, will confirm the hunt this week when it reports annual results. A new centre could cost £200m.
South Korea ferry: Vice principal rescued from sinking ship found hanged
Missing Malaysia Airlines Flight MH370: Wreckage could be found within a week as search reaches 'very critical juncture', says minister
Royal Tour 2014: Is the Duchess of Cambridge the only person ever to climb into a fighter jet wearing a dress and high heels?
Kim Jong-un, crowds and contraband: Inside North Korea with the Pyongyang marathon winner
Cover up! Mother told to show less cleavage during Disneyland family trip: 'Are we supposed to wear turtlenecks our whole lives?'
The food poverty scandal that shames Britain: Nearly 1m people rely on handouts to eat – and benefit reforms may be to blame
US Navy christens huge $3 billion destroyer ship USS Zumwalt that appears as a fishing boat on enemy radar
Scottish independence: It is the English who should be on their knees, begging the Scots to vote ‘No’
Nigel Farage fatigue? Half of voters ‘immune’ to Ukip’s appeal
'Sinful': Video of British Muslims dancing to Pharrell Williams's hit Happy comes under attack
Nigel Farage: I’m taking on the status quo, and the Establishment’s fighting back
- 1 'Natural' energy drink banned for containing erectile dysfunction drug
- 2 Dylan Tombides: West Ham confirm 20-year-old striker has died after battle with cancer
- 3 Loch Ness Monster found on Apple Maps?
- 4 Angus Steakhouse: How does tourist staple continue to thrive in today's gourmet market?
- 5 Cover up! Mother told to show less cleavage during Disneyland family trip: 'Are we supposed to wear turtlenecks our whole lives?'
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