What The Sunday Business Papers Said

Vivendi, the French water, communications and football group, rejected a pounds 7bn bid from Vodafone for its telecoms interests.

NatWest is heading for a new row over pay after agreeing a basic salary of pounds 350,000 for Alastair Lyons, who will oversee restructuring.

Williams, the security and fire-protection group, is preparing a pounds 900m bid for Securicor.

Storehouse, owner Bhs and Mothercare, has abandoned its search for a chief executive and will split the group in two.

The Queen's press secretary, Simon Lewis, is to return to gas seller and car rescuer Centrica next year to run either the AA business or Goldfish financial services group.

British Telecom and Bell Atlantic of the US have both proposed a friendly merger to Mannesmann of Germany.

Barclays Bank plans to close up to 200 branches next year as it accelerates cost-cutting.

John Windeler, chairman of Alliance & Leicester, discussed resigning with Peter White, chief executive, just three days before Mr White was sacked.

ING, the Dutch banking and insurance group, is set to announce a 10bn euro (pounds 6.5bn) bid for Credit Commercial de France.

Nomura, the Japanese investment bank and Britain's biggest pub landlord, is preparing to sell its largest pub company, Unique, to a trade buyer for about pounds 1.2bn.

Klaus Esser, Mannesmann chief executive, is likely to reject a pounds 75bn all-share takeover bid expected to be tabled by Chris Gent, chief executive of Vodafone AirtTouch.

n Red tape is stifling British business, especially the small and medium- sized sector, according to the British Chambers of Commerce and the Better Regulation Task Force.

n Gordon Brown is planning tax cuts in his March budget and Treasury officials think he can also boost public spending in key areas without setting off a boom.

n Tesco will this week launch a pounds 30m price-cutting campaign in health and beauty products.

Stagecoach is to start selling stakes in Porterbrook, its train leasing company, perhaps raising more than pounds 500m.

Stephen Byers is thought to wish to bring together communications businesses under one economic regulator which will answer to the DTI.

SBC Communications, America's largest local phone operator, is gearing up to bid for Mannesmann.

Ladbrokes is to launch a series of lottery-style Internet games run by an offshore subsidiary.

Sir Ken Jackson, head of the AEEU engineering, will tell a conference on Tuesday that the Government is sacrificing manufacturing jobs in the north of England for the sake of tempering growth in the south.

Airtours is close to a pounds 20m deal to buy a stake in the TV travel channel of Harry Goodman, the former holiday tycoon.

Terry Smith, the analyst who caused a storm with his book Accounting for Growth is preparing to publish a potentially explosive analysis of Royal Bank of Scotland.

The Bank of England will revert to handwritten forms and personal computers if its systems fail at the Millennium.

Thomson CSF of France is lining up a pounds 600m bid for Racal's defence electronics business.

Tony Blair has ordered a top-level team to look at ways to cut red tape for small business.

n Whitbread is on full bid alert after a near-50 per cent collapse in its share price.

n A legal row has erupted at Chelsea Football Club between the firm and a former manager over claims of unpaid travel and tickets for race meetings.

n Alizyme, a British pharmaceutical research firm, is to launch a drug to help obese people lose weight.

Start your day with The Independent, sign up for daily news emails
PROMOTED VIDEO
News
ebooksNow available in paperback
Latest stories from i100
Have you tried new the Independent Digital Edition apps?
Independent Dating
and  

By clicking 'Search' you
are agreeing to our
Terms of Use.

iJobs Job Widget
iJobs Money & Business

Ashdown Group: Marketing Services Manager - (communications, testing, DM)

£32000 - £35000 per annum + benefits: Ashdown Group: Marketing Services Manage...

Guru Careers: Finance Account Manager

£Neg. (DOE) + Excellent Benefits: Guru Careers: A Finance Account Manager with...

Ashdown Group: Java Developer - Hertfordshire - £47,000 + bonus + benefits

£40000 - £470000 per annum + bonus: Ashdown Group: Java Developer / J2EE Devel...

Ashdown Group: Direct Marketing Manager - B2C, Financial Services - Slough

£45000 - £55000 per annum + Benefits: Ashdown Group: An exciting opportunity h...

Day In a Page

Homeless Veterans appeal: 'You look for someone who's an inspiration and try to be like them'

Homeless Veterans appeal

In 2010, Sgt Gary Jamieson stepped on an IED in Afghanistan and lost his legs and an arm. He reveals what, and who, helped him to make a remarkable recovery
Could cannabis oil reverse the effects of cancer?

Could cannabis oil reverse effects of cancer?

As a film following six patients receiving the controversial treatment is released, Kate Hilpern uncovers a very slippery issue
The Interview movie review: You can't see Seth Rogen and James Franco's Kim Jong Un assassination film, but you can read about it here

The Interview movie review

You can't see Seth Rogen and James Franco's Kim Jong Un assassination film, but you can read about it here
Serial mania has propelled podcasts into the cultural mainstream

How podcasts became mainstream

People have consumed gripping armchair investigation Serial with a relish typically reserved for box-set binges
Jesus Christ has become an unlikely pin-up for hipster marketing companies

Jesus Christ has become an unlikely pin-up

Kevin Lee Light, aka "Jesus", is the newest client of creative agency Mother while rival agency Anomaly has launched Sexy Jesus, depicting the Messiah in a series of Athena-style poses
Rosetta space mission voted most important scientific breakthrough of 2014

A memorable year for science – if not for mice

The most important scientific breakthroughs of 2014
Christmas cocktails to make you merry: From eggnog to Brown Betty and Rum Bumpo

Christmas cocktails to make you merry

Mulled wine is an essential seasonal treat. But now drinkers are rediscovering other traditional festive tipples. Angela Clutton raises a glass to Christmas cocktails
5 best activity trackers

Fitness technology: 5 best activity trackers

Up the ante in your regimen and change the habits of a lifetime with this wearable tech
Paul Scholes column: It's a little-known fact, but I have played one of the seven dwarves

Paul Scholes column

It's a little-known fact, but I have played one of the seven dwarves
Fifa's travelling circus once again steals limelight from real stars

Fifa's travelling circus once again steals limelight from real stars

Club World Cup kicked into the long grass by the continued farce surrounding Blatter, Garcia, Russia and Qatar
Frank Warren column: 2014 – boxing is back and winning new fans

Frank Warren: Boxing is back and winning new fans

2014 proves it's now one of sport's biggest hitters again
Jeb Bush vs Hillary Clinton: The power dynamics of the two first families

Jeb Bush vs Hillary Clinton

Karen Tumulty explores the power dynamics of the two first families
Stockholm is rivalling Silicon Valley with a hotbed of technology start-ups

Stockholm is rivalling Silicon Valley

The Swedish capital is home to two of the most popular video games in the world, as well as thousands of technology start-ups worth hundreds of millions of pounds – and it's all happened since 2009
Did Japanese workers really get their symbols mixed up and display Santa on a crucifix?

Crucified Santa: Urban myth refuses to die

The story goes that Japanese store workers created a life-size effigy of a smiling "Father Kurisumasu" attached to a facsimile of Our Lord's final instrument of torture
Jennifer Saunders and Kate Moss join David Walliams on set for TV adaptation of The Boy in the Dress

The Boy in the Dress: On set with the stars

Walliams' story about a boy who goes to school in a dress will be shown this Christmas