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 The truth about 'girl things': Three cheers for Heather Watson's honesty
- 2 Man who held up 'hire me' sign at Waterloo station returns a year later with 'I'm hiring' sign
- 4 Tennis fan suing Australian Open organisers for 'failing to shade spectators' during Murray match
- 5 Syrian refugee child beaten by Istanbul Burger King manager for eating customer’s leftover food
Man who held up 'hire me' sign at Waterloo station returns a year later with 'I'm hiring' sign
Saudi preacher who 'raped and tortured' his five -year-old daughter to death is released after paying 'blood money'
Rob Lowe hits out at White House decision not to meet Israeli leader
Iraq invasion 2003: The bloody warnings six wise men gave to Tony Blair as he prepared to launch poorly planned campaign
Winston Churchill: From accusations of anti-Semitism to the blunt refusal that led to the deaths of millions
British Muslim leaders outraged after Eric Pickles says followers of Islam should 'prove their identity'
UK terror fears: My jihadist son returned from Syria mentally scarred – now he is being ignored
Nigel Farage: NHS might have to be replaced by private health insurance
Billy Crystal: 'Stop shoving gay sex scenes in my face'
French court convicts three over homophobic tweets, in case hailed as a 'significant victory' by LGBT rights campaigners
'We would evict Queen from Buckingham Palace and allocate her council house,' say Greens
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