What The Papers Said: A roundup of sunday business stories
Monday 09 August 1999
Richard Branson will this week launch Virgin Mobile, his mobile phone joint venture with One2One which will offer over the Internet mobiles that function in the UK and US.
British Airways is to cut by 12 per cent the number of seats available on its transatlantic flights over the next three years.
United Biscuits is to sell its frozen foods business for up to pounds 275m and has made initial approaches to food and venture capitalist groups.
Enic is to announce it is buying Victor Chandler's betting business for pounds 70m.
A top City law firm is thought to have advised Granada, the media group, that the BBC's proposed pounds 24 levy for digital television would infringe European Union rules on state aid.
WalMart is to slash pounds 30m a year off prices at its Asda supermarkets, sparking fears of a UK supermarket price war.
Rolls Royce is in talks with the US Airforce over a $4bn contract to re-engine its fleet of large transport aircraft.
Michael Grade, chief executive of First Leisure, is under fire because the company is on the shortlist to buy the Millennium Dome. Mr Grade is a non-executive director of the New Millennium Experience company, which runs the Dome.
Railtrack is thought to be scaling back its investment plans for carrying extra freight on the railway.
Greg Hutchings, boss of Tomkins, is considering taking the conglomerate private in Britain's biggest-ever management buyout.
BP Amoco is facing claims for millions of pounds after the oil company's medical research concluded it had caused at least six cases of brain cancer in former employees.
The John Lewis Partnership has been accused of censorship by staff after failing to publish letters in the in-house magazine that seek a referendum on the sale of the group.
The DTI is to probe the failure of Penthouse magazine to float on Ofex.
Alldays is in a financial crisis and is in restructuring talks led by the Royal Bank of Scotland.
Productivity in British industry is at its highest level in three years.
Britain's biggest sports Internet company, 365, is preparing for a pounds 500m flotation in the next weeks, which will make it the country's third largest quoted pure Internet company.
- 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
Disgruntled RBS worker writes hilarious open letter to Russell Brand after anti-capitalist publicity stunt leaves him hungry
Nigel Farage defends Kerry Smith 'ch***y' comment: 'If you are going for a Chinese, what do you say you’re going for?'
Nigel Farage's approval rating hits 'record low' as popularity suffers in wake of Ukip sex scandal
Pakistan school attack live: Taliban kill at least 132 children in 'horrifying' massacre
Sony hack: Angelina Jolie branded 'seriously out of her mind' in further embarrassing leaked email saga
Panic Saturday: 13 million Britons spend £1.2bn – while 13 million others across the country live in poverty unable to afford food
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