What the Sunday papers said
Monday 23 January 2012
The Independent on Sunday: 99p Stores family mulls sale with a £60m tag
The family behind budget retail chain 99p Stores is considering a sale that would value it at up to £60m. Electra Partners is thought to be the front-runner to acquire the chain, which has almost 150 shops and sells every item at 99p The Lalani family, which founded the business in 2001, is mulling whether to grant exclusivity to one bidder after hiring DC Advisory Partners to explore a sale last year.
The Sunday Times: BAE may pull the plug on Portsmouth dockyard
BAE Systems is considering closing Portsmouth dockyard in a move that would threaten up to 3,000 jobs and end more than 500 years of naval shipbuilding in the city. It follows a report in the Independent on Sunday last week that BAE has appointed LEK Consulting to examine the future of its shipbuilding operations.
The Mail on Sunday: Reed loses tax battle over temps' expenses
Recruitment giant Reed has lost a £158m battle with HM Revenue & Customs over paying for its temps' lunches and daily commute. The staffing firm made payments to 500,000 temporary staff from 1998 to 2006. They could receive up to £6 a day for food and up to £11.45 a day for commuting. A tax tribunal ruled against Reed's claim that the payments were part of a salary sacrifice scheme.
The Sunday Telegraph: Stelios to clash with easyJet board over pay
Sir Stelios Haji-Ioannou, the founder and largest shareholder of easyJet, is to vote against the airline's remuneration report at its annual general meeting in a move that will put him on a collision course with the board. The entrepreneur, who controls a 37 per cent stake in the low-cost carrier, is concerned at executive pay levels in the company.
Diving in at the deep end is no excuse for shirking the style stakes
- 2 Loom bands: Bids for dress made from colourful rubber pass £170,000 on eBay
- 3 Why I'm on the brink of burning my Israeli passport
- 4 L'Oreal cuts ties with Belgium supporter Axelle Despiegelaere after hunting trip photographs
- 5 The true Gaza back-story that the Israelis aren’t telling this week
Game of Thrones author George RR Martin says 'f*** you' to fans who fear he will die before finishing Westeros saga
Loom bands: Bids for dress made from colourful rubber pass £170,000 on eBay
Supermoon 2014: When and why will the moon look bigger and brighter this summer?
Gaza-Israel conflict: The terrible price Palestinian children are paying for Israel’s war with Hamas
Iraq crisis: Government forces execute 255 Sunni prisoners in revenge for Isis atrocities, says report
Sustained immigration has not harmed Britons' employment, say government advisers
War is war: Why I stand with Israel
7/7 memorial defaced on anniversary of 2005 attacks with ‘Blair lied thousands died’ graffiti
Australia facing international condemnation after turning around Sri Lankans at sea
Even when it brutalises one of its own teenage citizens, America is helpless against Israel
Socialist Worker called to apologise over ‘vile’ article saying Eton schoolboy Horatio Chapple's death is ‘reason to save the polar bears’
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