Sunday Papers: Bank and US may be forced into further easing - other news

And Severn hydro-power dam is being scrapped because of environmental and financial concerns.

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by Himanshu Singh on Oct 17, 2010 at 00:01

The Sunday Times

* Economists expect the Bank of England to embark on £100 million stimulus as the Fed chief signals the launch of a new cash injection.

* Plans for an enormous hydro-power dam on the Severn estuary are being scrapped because of environmental and financial concerns.

* Jaguar wants to nearly double production at its three British plants as it launches smaller luxury car models.

* Guy Hands demands that Citigroup slashes £2 billion from EMI’s debt pile as the price for calling off his court case against the bank.

* Rob Templeman, boss of Debenhams department stores, has emerged as a surprise contender to become chief executive of Gala Coral, the gaming giant.

* Private jet operator Hangar 8 is planning to raise £2 million by floating on AIM in a listing that could value the company at £9.5 million.

* Renewable-energy firm Ecotricity will issue bonds aimed at small investors to raise £10 million and get more eco-friendly projects on stream.

The Independent on Sunday

* Total, a Cheltenham-based telecommunications company, is poised to challenge some of the biggest players in UK broadcasting and IT over the proposed use of the trademark "YouView".

* Morrisons, the supermarket group, is launching a new "learn while you earn" undergraduate scheme to fund 20 places for students who want to study for a BSc at Bradford's Management School.

The Sunday Telegraph

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1 comment so far. Why not have your say?

GD-C

Oct 17, 2010 at 11:30

The issue of immigration is being distorted by various factions in the promotion of their own interests;which in the main, are not in the nation's interest. No one in their right mind can seriously object to allowing into the country on a 'green card/work permit system, people with skills which cannot be met from within. At the same time, the vast majority of British citizens do not want to see this country flooded with immigrants,legal or illegal, who have no particular skills and are simply migrant workers. We are already being forced by EU regulations to accept illegal immigrants at the rate of 2000 a week, until the backlog is cleared. The UK government needs to withdraw from EU agreements foisted on the country as the result of EU member states failure to comply with EU rules on immigration in the first place. Hopefully, the eventual break up of the EU by the 'one size fits all' euro, will be our way out.

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