What The Sunday Business Papers Said

Granada will this week call on the Office of Fair Trading to refer Carlton Communications' pounds 8bn merger with United News & Media, claiming the move threatens to create a north-south divide in ITV.

Marks & Spencer is finalising the replacement of its acting chairman, Brian Baldock, with Luc Vandevelde, managing director of Promodes, a French retailer.

BP Amoco, the UK's largest company, has proposed that the Government should allow multinational companies to scrap conventional annual general meetings.

The 300 staff of Jupiter, the Knightsbridge-based fund manager, are to receive windfalls totalling pounds 500m in the next few days.

The Department of Trade and Industry is hoping to recruit a high-flying business person to mastermind the Government's industrial policy.

British Energy, the nuclear power group, is preparing a $1bn bid for Canada's largest nuclear power station, the Bruce plant on Lake Ontario.

Bank of Scotland is in talks to sell its majority stake in BankWest, the Australian regional bank, to help pay for its pounds 25bn hostile bid for NatWest.

Upstarts, a tiny UK toy company, has forced its way on to the best-seller lists this Christmas ahead of Hasbro and Mattel with its board game version of Who Wants to be a Millionaire?, the television game show.

David and Frederick Barclay, owners of the Ritz and a string of newspaper titles, are poised to float The Net Media Group, their new Internet business, in the second half of next year.

Energis has beaten BT to become the telecoms partner in the People's Lottery, Richard Branson's bid to take over the National Lottery when Camelot's contract expires in 2001

Car makers such as Ford and Vauxhall could face losses of more than pounds 1bn if they are forced to cut prices in the UK to levels in mainland Europe.

A profit warning is expected when Marks & Spencer makes its Christmas trading statement in January. Pre-Christmas sales are believed to have fallen by 15 per cent compared with last year.

Instinet, the electronic stockbroking arm of Reuters, the information company, is likely to float on Nasdaq next year in a move that could value it at pounds 3.5bn.

David Irwin, director of Project North East, has been appointed the first chief executive of the Government's Small Business Service.

Versailles, the embattled financial services group, has hired KPMG, one of the world's biggest accountancy firms, to complete the investigation into its accounts.

The four home nations' rugby unions plan to securitise the game's television, sponsorship and advertising revenues from international games in a move to overhaul the sport's parlous finances.

John Bridgeman, director-general of the Office of Fair Trading, is facing the axe after a series of clashes with ministers over competition policy.

Royal Bank of Scotland is this week expected to reopen talks with NatWest aimed at producing a recommended merger.

Ernst & Young, the UK accounting and consultancy group, is to pay $335m to the investors of the US's Cedant Corporation to settle the world's biggest shareholder class action.

British Airways will announce plans in the New Year to axe 8,000 jobs and shake up its European operations in a bid to return to profit.

UK takeover activity has broken all records in 1999. The total value of bids announced so far is pounds 168bn.

Selfridges, the 90-year-old department store, is planning to open a further four outlets across the UK.

British Energy, the nuclear power generator, is preparing its largest acquisition, with a bid for two Canadian plants totalling up to $1bn.

MTL, the train company that owns the picturesque Settle to Carlisle line, the trans-Pennine route and Liverpool commuter services, is in urgent talks with bankers and "white knights" to avoid a potential financial crisis.

Joanna Lumley, star of Absolutely Fabulous, and John Altman of EastEnders fame are helping launch a Net company that finds locations and actors for film directors and ad agencies.

Shifts in the UK economy, such as technological advances and competition, could mean that interest rates stay lower than forecasters predict, according to DeAnne Julius of the Monetary Policy Committee.

House prices are in danger of rising so high next year that the Government may be forced into tough action to prevent a repeat of the 1980s bubble.

Customers of the Internet bank Egg saw their savings disappear into cyberspace when they attempted to transfer them to another bank offering a better rate of interest.

A study by the Halifax Bank reveals that nearly all home owners do well out of their investment, beating inflation by a considerable margin.

Queensborough, the caravan parks to hotels group, is suing two companies for alleged "deceit and negligent misrepresentation" over the collapse of its pounds 10m purchase of the Deep Pan Pizza chain.

Start your day with The Independent, sign up for daily news emails
  • Get to the point
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

Recruitment Genius: Claims Administrator

£16000 - £18500 per annum: Recruitment Genius: This is an excellent opportunit...

Recruitment Genius: Senior SEO Executive

£24000 - £28000 per annum: Recruitment Genius: A Senior SEO Executive is requi...

Recruitment Genius: Online Customer Service Administrator

£16000 - £18000 per annum: Recruitment Genius: An Online customer Service Admi...

Recruitment Genius: Digital Marketing Executive

£18000 - £22000 per annum: Recruitment Genius: This global, industry leading, ...

Day In a Page

'It was first time I had ever tasted chocolate. I kept a piece, and when Amsterdam was liberated, I gave it to the first Allied soldier I saw'

Bread from heaven

Dutch survivors thank RAF for World War II drop that saved millions
Britain will be 'run for the wealthy and powerful' if Tories retain power - Labour

How 'the Axe' helped Labour

UK will be 'run for the wealthy and powerful' if Tories retain power
Rare and exclusive video shows the horrific price paid by activists for challenging the rule of jihadist extremists in Syria

The price to be paid for challenging the rule of extremists

A revolution now 'consuming its own children'
Welcome to the world of Megagames

Welcome to the world of Megagames

300 players take part in Watch the Skies! board game in London
'Nymphomaniac' actress reveals what it was really like to star in one of the most explicit films ever

Charlotte Gainsbourg on 'Nymphomaniac'

Starring in one of the most explicit films ever
Robert Fisk in Abu Dhabi: The Emirates' out-of-sight migrant workers helping to build the dream projects of its rulers

Robert Fisk in Abu Dhabi

The Emirates' out-of-sight migrant workers helping to build the dream projects of its rulers
Vince Cable interview: Charging fees for employment tribunals was 'a very bad move'

Vince Cable exclusive interview

Charging fees for employment tribunals was 'a very bad move'
Iwan Rheon interview: Game of Thrones star returns to his Welsh roots to record debut album

Iwan Rheon is returning to his Welsh roots

Rheon is best known for his role as the Bastard of Bolton. It's gruelling playing a sadistic torturer, he tells Craig McLean, but it hasn't stopped him recording an album of Welsh psychedelia
Russell Brand's interview with Ed Miliband has got everyone talking about The Trews

Everyone is talking about The Trews

Russell Brand's 'true news' videos attract millions of viewers. But today's 'Milibrand' interview introduced his resolutely amateurish style to a whole new crowd
Morne Hardenberg interview: Cameraman for BBC's upcoming show Shark on filming the ocean's most dangerous predator

It's time for my close-up

Meet the man who films great whites for a living
Increasing numbers of homeless people in America keep their mobile phones on the streets

Homeless people keep mobile phones

A homeless person with a smartphone is a common sight in the US. And that's creating a network where the 'hobo' community can share information - and fight stigma - like never before
'Queer saint' Peter Watson left his mark on British culture by bankrolling artworld giants

'Queer saint' who bankrolled artworld giants

British culture owes a huge debt to Peter Watson, says Michael Prodger
Pushkin Prizes: Unusual exchange programme aims to bring countries together through culture

Pushkin Prizes brings countries together

Ten Scottish schoolchildren and their Russian peers attended a creative writing workshop in the Highlands this week
14 best kids' hoodies

14 best kids' hoodies

Don't get caught out by that wind on the beach. Zip them up in a lightweight top to see them through summer to autumn
Robert Fisk in Abu Dhabi: The acceptable face of the Emirates

The acceptable face of the Emirates

Has Abu Dhabi found a way to blend petrodollars with principles, asks Robert Fisk