Sunday Newspaper Headlines – 24th November 2013
The Sunday Times
-Babcock in £1 billion raid on helicopters: Babcock International is in advanced talks on a blockbuster £1.5 billion takeover of the world’s biggest helicopter operator
-Revealed: boardroom shambles at mutuals: More than 50% of building societies are breaking basic corporate governance rules, fuelling concerns about the governance of mutuals
-Saga staff share £600 million: About 6,000 staff at Saga and the AA will share a windfall of up to £600 million when the over-50s group goes ahead with an expected £3 billion float
-Eton takes tech lessons: Eton College is to collaborate with a clutch of London-based entrepreneurs in an effort to spur Britain’s nascent education technology industry
-Fund giant hits out at fat-cat pay: One of the City’s biggest money Managers has cranked up pressure on companies over executive pay, threatening to vote against bonus schemes that do not require Bosses to hold shares for at least three years
-Germans force patent box rejig: The Treasury is expected to tweak its patent box scheme to placate European critics
-Home loans at post-crash record: The government’s controversial Help to Buy scheme is set to push mortgage approvals to their highest level since the financial crisis
-ENRC plots African retreat: The beleaguered natural resources giant ENRC is considering selling its African mining division, which is at the heart of a Serious Fraud Office investigation
-Caterer cooks up £500 million buyback: The world’s biggest caterer is set to return up to £500 million to investors with a share buyback
-Boffin nets riches: A chemist who invented a way to mass produce a wonder material tougher than diamond is sitting on a £9m fortune after a storming stock market debut
-Fears of luxury bubble as £50 billion of homes planned: The value of luxury residential developments planned in London has swollen by almost a third in a year, fuelling fears of a bubble in the capital’s high-end housing market
-Cash gusher for Hayward: Shares in the oil explorer founded by former BP Boss Tony Hayward and tycoon Nat Rothschild are set to soar thanks to the completion of a key pipeline
-Ministers’ fast-track tech link: Ministers are working on plans to forge closer links between London’s Silicon Roundabout and the Cambridge technology hub
-Amazon buys audio books: Amazon has bolstered its position in the booming audio book market with a licensing deal to use one of Britain’s largest back catalogues of recorded titles
-Lloyds in new St James’s sale: Lloyds Banking Group is poised to sell a 12% stake in the wealth management firm St James’s Place before Christmas in a move that would reap £390 million
-Siemens Boss warns EU exit would kill investment: A senior Director at Siemens has warned that the German engineering giant would starve its U.K. plants of investment if Britain left the EU

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