Sunday Papers: IMF signals end for Greek autonomy

Top stories

• The Sunday Telegraph: The International Monetary Fund has signalled that Greece will have to give up autonomy over its budget if it is to receive the full backing of the international community for its second €130 billion bail-out.
• The Sunday Telegraph: Nouriel Roubini, the economist credited with having foreseen the credit crunch, has warned that the eurozone will collapse within the year - with Greece and Portugal leaving.
• The Sunday Telegraph: Sir Philip Hampton, the chairman of the Royal Bank of Scotland, offered to cede a potential £1.4 million "golden hello" before Stephen Hester was awarded a near £1 million bonus.
• Mail on Sunday: Britain's biggest banks are poised to report a drop in revenues and underlying profits, fuelling public and political fury over massive bonus payouts. The overall London bank bonus pool is expected to top £4.2 billion.

Business and economics

• The Sunday Telegraph: Europe has “just weeks to act”, George Osborne has warned ahead of next week’s crucial European summit.
• The Independent on Sunday: The Ministry of Defence has opened talks with around a dozen big name companies, including FTSE 100 groups Land Securities and Serco, about managing its £20bn of property and infrastructure.
• The Sunday Telegraph: British Gas is to pay Thames Water to promote free insulation to its customers, ahead of the December deadline for energy companies to meet government carbon emissions reductions targets.
• The Sunday Telegraph: Jaguar Land Rover is taking the unusual step of giving banks detailed briefings about its expansion plans to ensure its UK suppliers receive a favourable hearing when seeking loans to buy new machinery.
• The Sunday Telegraph: Azim Premji, the billionaire boss of Indian software group Wipro, is close to signing a deal with the Government to train British students in IT, engineering and software development – in Bangalore.
• The Observer: Starbucks plans to open 300 outlets creating 5,000 jobs over the next five years, pitting US firms against domestic chains such as Greggs and Costa Coffee.
• The Independent on Sunday: Security group G4S is set to replace its roster of corporate advisers and brokers this week as punishment for the embarrassing failure to buy the Danish cleaner ISS.
• The Independent on Sunday: Steuart Walton, the cowboy-boot wearing grandson of Walmart founder Sam Walton, has taken charge of the guns-to-food retailer's European expansion drive.

Share tips, comment and bids

• The Sunday Telegraph: Qatar's sovereign wealth fund has agreed to buy Credit Suisse's Canary Wharf headquarters as it expands further into London commercial property.
• The Sunday Telegraph: The richest college at the University of Cambridge, Trinity, has invested in the UK's largest retailer by acquiring a 50% stake in a portfolio of Tesco stores worth £440 million.
• The Sunday Telegraph: Boris Johnson, the Mayor of London, has revealed offers of up to £10 billion for investment in London infrastructure after he met business leaders and investment funds at the World Economic Forum in Davos.
• The Independent on Sunday: AstraZeneca, the FTSE 100 pharmaceuticals giant, will announce an estimated $3 billon extension to its share buyback programme this week.
• The Independent on Sunday: The private equity owner of Symington's, the Leeds-based maker of Campbell's soup, has held a beauty parade of investment banks for a fundraising.
• The Independent on Sunday: Final bids for Iceland Foods, the frozen food retailer that is up for sale for up to £1.5 billion, are due in on Tuesday. Four bidders, the grocer Morrisons and three private equity firms, were still busy in the data room this weekend.
• The Sunday Telegraph (Comment): Chancellor George Osborne was right to give RBS chief Stephen Hester a bonus.
• Mail on Sunday (Comment): Martin Wheatley, head of the new Financial Conduct Authority, which will emerge next year from the ashes of the Financial Services Authority, is making all the right noises. He promises a more interventionist approach to stop future mis-selling scandals.
• Mail on Sunday (Midas share tip): Buy Secure Trust Bank
• The Observer (Comment): The creator of the iPhone may soon have more ready cash than the US government and analysts are speculating about acquisitions. But the firm may be more focused on a daring foray into pay television.
• The Observer (Comment): Smartphone maker Research in Motion saw 7% wiped off its value after the departure of CEOs Mike Lazaridis and Jim Balsillie – but there's juice in the BlackBerry yet.
• The Observer (Comment): Rubber-stamping Stephen Hester's RBS bonus is no one's idea of 'popular capitalism'.
• The Independent on Sunday (Comment): When are Cameron and Osborne going to get real and devise a proper growth policy? The coalition needs to stop the gimmicks and the phoney war over bankers' bonuses and create a viable economic strategy.
• The Independent on Sunday (Comment): How much longer can the banks carry on stealing from savers? The world's central banks are going to go on printing the money.