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
ebooks
ebooksA special investigation by Andy McSmith
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

SThree: HR Benefits Manager

£40000 - £50000 per annum + pro rata: SThree: SThree Group have been well esta...

Recruitment Genius: Office Manager / Financial Services

£30000 - £37000 per annum: Recruitment Genius: Established in 1999, a highly r...

Jemma Gent: Year End Accountant

£250-£300 Day Rate: Jemma Gent: Are you a qualified accountant with strong exp...

Jemma Gent: Management Accountant

£230 - £260 Day Rate: Jemma Gent: Do you want to stamp your footprint in histo...

Day In a Page

The difference between America and Israel? There isn’t one

The difference between America and Israel? There isn’t one

Netanyahu knows he can get away with anything in America, says Robert Fisk
Head of WWF UK: We didn’t send Cameron to the Arctic to see green ideas freeze

David Nussbaum: We didn’t send Cameron to the Arctic to see green ideas freeze

The head of WWF UK remains sanguine despite the Government’s failure to live up to its pledges on the environment
Author Kazuo Ishiguro on being inspired by shoot-outs and samurai

Author Kazuo Ishiguro on being inspired by shoot-outs and samurai

Set in a mythologised 5th-century Britain, ‘The Buried Giant’ is a strange beast
With money, corruption and drugs, this monk fears Buddhism in Thailand is a ‘poisoned fruit’

Money, corruption and drugs

The monk who fears Buddhism in Thailand is a ‘poisoned fruit’
America's first slavery museum established at Django Unchained plantation - 150 years after slavery outlawed

150 years after it was outlawed...

... America's first slavery museum is established in Louisiana
Kelly Clarkson: How I snubbed Simon Cowell and become a Grammy-winning superstar

Kelly Clarkson: How I snubbed Simon Cowell and become a Grammy-winning superstar

The first 'American Idol' winner on how she manages to remain her own woman – Jane Austen fascination and all
Tony Oursler on exploring our uneasy relationship with technology with his new show

You won't believe your eyes

Tony Oursler's new show explores our uneasy relationship with technology. He's one of a growing number of artists with that preoccupation
War with Isis: Fears that the looming battle for Mosul will unleash 'a million refugees'

The battle for Mosul will unleash 'a million refugees'

Aid agencies prepare for vast exodus following planned Iraqi offensive against the Isis-held city, reports Patrick Cockburn
Yvette Cooper: We can't lose the election. There's too much on the line

Yvette Cooper: We can't lose the election. There's too much on the line

The shadow Home Secretary on fighting radical Islam, protecting children, and why anyone in Labour who's thinking beyond May must 'sort themselves out'
A bad week for the Greens: Leader Natalie Bennett's 'car crash' radio interview is followed by Brighton council's failure to set a budget due to infighting

It's not easy being Green

After a bad week in which its leader had a public meltdown and its only city council couldn't agree on a budget vote, what next for the alternative party? It's over to Caroline Lucas to find out
Gorillas nearly missed: BBC producers didn't want to broadcast Sir David Attenborough's famed Rwandan encounter

Gorillas nearly missed

BBC producers didn't want to broadcast Sir David Attenborough's famed Rwandan encounter
Downton Abbey effect sees impoverished Italian nobles inspired to open their doors to paying guests for up to €650 a night

The Downton Abbey effect

Impoverished Italian nobles are opening their doors to paying guests, inspired by the TV drama
China's wild panda numbers have increased by 17% since 2003, new census reveals

China's wild panda numbers on the up

New census reveals 17% since 2003
Barbara Woodward: Britain's first female ambassador to China intends to forge strong links with the growing economic superpower

Our woman in Beijing builds a new relationship

Britain's first female ambassador to China intends to forge strong links with growing economic power
Courage is rare. True humility is even rarer. But the only British soldier to be awarded the Victoria Cross in Afghanistan has both

Courage is rare. True humility is even rarer

Beware of imitations, but the words of the soldier awarded the Victoria Cross were the real thing, says DJ Taylor