What the Sunday Papers said…
Monday 23 September 2013
The Independent on Sunday: ‘Bad bank’ RBS plan will be rejected by Treasury
The Treasury is set to unveil its verdict on a break-up of Royal Bank of Scotland shortly after the Tory Party conference. A Government-commissioned report is expected to reject a full-scale split into a good and bad bank, but could recommend hiving off RBS’s troubled Irish business in a bid to appease senior members of the Parliamentary Commission on Banking Standards who favour a break-up of RBS.
The Sunday Times: Brussels braces for bank chaos as ECB probes lenders
Brussels is preparing for a new wave of bank bailouts amid mounting fears that black holes in the eurozone’s financial system are about to be exposed. The European Stability Mechanism, the £420bn rescue fund set up last year, is hiring investment banks to advise on potential rescues of lenders across the 17-nation currency bloc. It is also recruiting hundreds of staff, according to senior financiers.
The Mail on Sunday: BP to make millions from lifting of Iranian gas ban
A crucial North Sea gas field frozen by international sanctions against Iran is set to return to production following Government intervention aimed at lifting the ban. The Rhum gas field is jointly owned by BP and National Iranian Oil and once supplied five per cent of Britain’s gas output. But the field has been idle for three years because of US and EU sanctions against Iran. The Government is understood to be close to agreeing a waiver for the field.
The Sunday Telegraph: Cabinet minister says ‘Stop the clobbering of the rich’
Senior Conservative minister Chris Grayling, currently the Justice Secretary, warned that the tax policies of both Labour and Liberal Democrats will drive wealth creators out of Britain after the next election. He said that, in contrast, protecting “wealth and job creators” from tax rises is a “red line issue” for the Conservatives.
- 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?
Disgruntled RBS worker writes hilarious open letter to Russell Brand after anti-capitalist publicity stunt leaves him hungry
Shock poll shows voters believe Ukip is to the left of the Tories
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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