Independent on Sunday: M&S accused of copying art work
A designer is claiming that Marks & Spencer is selling wall prints that are almost identical to her own work. Louise Verity was shocked to see images on M&S’s Instagram page of large printed messages over old dictionary pages – resembling designs she has sold since 2009.
Sunday Times: Hester to launch RSA rights issue
Stephen Hester is poised to launch an £800m rescue rights issue to repair the battered balance sheet at RSA Insurance. The former boss of Royal Bank of Scotland was parachuted into the insurer three weeks ago after a series of profit warnings and an accounting scandal at its Irish subsidiary.
Sunday Telegraph: Falling dollar to hit Vodafone shareholders
British shareholders in Vodafone are expected to miss out on more than £110m after the falling dollar drastically reduced the US value of the cash they will receive from the sale of its 45 per cent stake in Verizon Wireless. The American currency hit six-week lows against sterling last week.
Mail on Sunday: Morrisons to sell stores to raises dividend
Morrisons’ management team is preparing to return up to £1bn to shareholders. Sources said the company is in the final stages of identifying property assets in its £9bn portfolio to sell on the open market and then lease back, in order to pay a one-off dividend.