Independent on Sunday: Centrica to face fury over price rises as profits soar
Centrica, owner of British Gas, is set to reveal a £2.5bn profit for 2013 in results that will spark further anger over energy price hikes. It is expected to say on Thursday that its household supply arm, which raised prices by 9.2 per cent in November, made nearly £600m profits for the period.
Mail on Sunday: Payday lenders can’t keep up with demand
One of the UK’s biggest payday lenders says the industry is unable to keep up with demand for loans. Jeffrey Weiss, chairman of DFC Global, owner of The Money Shop, said that in “every geography in which we operate, demand exceeds the appetite of almost all providers to meet it”.
Sunday Telegraph: Retail chairmen oppose independent Scotland
The biggest retailers in the country have expressed their opposition to an independent Scotland, according to a survey of the 33 top chairmen in the sector. The study, by the British Retail Consortium and the headhunter Korn Ferry, found that the bosses were “consistently negative” over the prospect.
Sunday Times: Headhunters hired to find Barclays chairman
Barclays has hired headhunters as it starts the search for a replacement for its chairman, Sir David Walker. Although Sir David, who was given the role in August 2012 following the Libor-rigging scandal, is not likely to leave until next summer, a list of candidates is already being assembled.