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
ebookA unique anthology of reporting and analysis of a crucial period of history
Life and Style
techPatent specifies 'anthropomorphic device' to control media devices
The PM proposed 'commonsense restrictions' on migrant benefits
voicesAndrew Grice: Prime Minister can talk 'one nation Conservatism' but putting it into action will be tougher
Ireland will not find out whether gay couples have won the right to marry until Saturday afternoon
Kim Jong-un's brother Kim Jong-chol
Manchester city skyline as seen from Oldham above the streets of terraced houses in North West England on 7 April 2015.
Latest stories from i100
Have you tried new the Independent Digital Edition apps?
Independent Dating

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

iJobs Job Widget
iJobs Money & Business

Guru Careers: Software Developer / C# Developer

£40-50K: Guru Careers: We are seeking an experienced Software / C# Developer w...

Neil Pavier: Management Accountant

£45,000 - £55,000: Neil Pavier: Are you looking for your next opportunity for ...

Sheridan Maine: Commercial Accountant

£45,000 - £55,000: Sheridan Maine: Are you a newly qualified ACA/ACCA/ACMA qua...

Laura Norton: Project Accountant

£50,000 - £60,000: Laura Norton: Are you looking for an opportunity within a w...

Day In a Page

Sun, sex and an anthropological study: One British academic's summer of hell in Magaluf

Sun, sex and an anthropological study

One academic’s summer of hell in Magaluf
From Shakespeare to Rising Damp... to Vicious

Frances de la Tour's 50-year triumph

'Rising Damp' brought De la Tour such recognition that she could be forgiven if she'd never been able to move on. But at 70, she continues to flourish - and to beguile
'That Whitsun, I was late getting away...'

Ian McMillan on the Whitsun Weddings

This weekend is Whitsun, and while the festival may no longer resonate, Larkin's best-loved poem, lives on - along with the train journey at the heart of it
Kathryn Williams explores the works and influences of Sylvia Plath in a new light

Songs from the bell jar

Kathryn Williams explores the works and influences of Sylvia Plath
How one man's day in high heels showed him that Cannes must change its 'no flats' policy

One man's day in high heels

...showed him that Cannes must change its 'flats' policy
Is a quiet crusade to reform executive pay bearing fruit?

Is a quiet crusade to reform executive pay bearing fruit?

Dominic Rossi of Fidelity says his pressure on business to control rewards is working. But why aren’t other fund managers helping?
The King David Hotel gives precious work to Palestinians - unless peace talks are on

King David Hotel: Palestinians not included

The King David is special to Jerusalem. Nick Kochan checked in and discovered it has some special arrangements, too
More people moving from Australia to New Zealand than in the other direction for first time in 24 years

End of the Aussie brain drain

More people moving from Australia to New Zealand than in the other direction for first time in 24 years
Meditation is touted as a cure for mental instability but can it actually be bad for you?

Can meditation be bad for you?

Researching a mass murder, Dr Miguel Farias discovered that, far from bringing inner peace, meditation can leave devotees in pieces
Eurovision 2015: Australians will be cheering on their first-ever entrant this Saturday

Australia's first-ever Eurovision entrant

Australia, a nation of kitsch-worshippers, has always loved the Eurovision Song Contest. Maggie Alderson says it'll fit in fine
Letterman's final Late Show: Laughter, but no tears, as David takes his bow after 33 years

Laughter, but no tears, as Letterman takes his bow after 33 years

Veteran talkshow host steps down to plaudits from four presidents
Ivor Novello Awards 2015: Hozier wins with anti-Catholic song 'Take Me To Church' as John Whittingdale leads praise for Black Sabbath

Hozier's 'blasphemous' song takes Novello award

Singer joins Ed Sheeran and Clean Bandit in celebration of the best in British and Irish music
Tequila gold rush: The spirit has gone from a cheap shot to a multi-billion pound product

Join the tequila gold rush

The spirit has gone from a cheap shot to a multi-billion pound product
12 best statement wallpapers

12 best statement wallpapers

Make an impact and transform a room with a conversation-starting pattern
Paul Scholes column: Does David De Gea really want to leave Manchester United to fight it out for the No 1 spot at Real Madrid?

Paul Scholes column

Does David De Gea really want to leave Manchester United to fight it out for the No 1 spot at Real Madrid?