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Sunday Papers: Life insurers urge regulator to intervene in pensions shake-up

Sunday Papers: Life insurers urge regulator to intervene in pensions shake-up

Top stories

  • The Sunday Telegraph: Insurance executives are unhappy with George Osborne’s proposals which threaten to curtail £12 billion annuity market.
  • Mail on Sunday: Lloyd's of London is expected to unveil a 10% jump in profits to £3 billion when it reveals its first figures this week under new boss Inga Beale.
  • The Sunday Telegraph: Big investors warn bank bashing is threatening Britain's position as a financial centre.
  • The Sunday Telegraph: Entrepreneur John Mills fears Britain faces years of mounting debts and austerity unless manufacturing is boosted.

Business and economics

  • Mail on Sunday: BorrowMyDoggy, which allows dog-lovers to take care of someone else’s pet, has won a six-figure investment and is launching an app in six weeks.
  • The Sunday Telegraph: Oligarchs and Russian professionals fearful of spiralling political and economic unrest are buying houses in London.
  • Mail on Sunday: Sainsbury's has won the right to a judicial review in its battle against an allegedly misleading advertising campaign that claimed Tesco’s products were cheaper.
  • The Sunday Telegraph: Next reaps £150 million in credit charges; it underlines how the retailer is using its Next Directory Card to help fuel growth.
  • The Independent on Sunday: More women than ever are now sitting on the boards of Britain's biggest companies, but the top jobs continue to be dominated by men, according to Mervyn Davies, the man spearheading the Government's attempt to bring equality to the boardroom.
  • Mail on Sunday: A descendant of the Cadbury chocolate family is launching a website that lets investors take a stake in the rising housing market, even if they cannot afford to buy a property of their own.
  • Mail on Sunday: Global technology giants such as Apple, Google and Amazon could soon be charged a tax on their UK activities in an attempt to stop them sidestepping their responsibilities.
  • Mail on Sunday: Insurers have paid out £67 million for the missing Malaysia Airlines jet despite the mystery still surrounding the fate of the Boeing 777 airliner.
  • Mail on Sunday: Questions have been raised over Lidl’s plans to double its UK stores after the German company’s chief executive was replaced unexpectedly.

Share tips, comment and bids

  • The Sunday Telegraph: Dorset Cereals, owner of Wellness Foods, is believed to be looking to sell the brand for £40 million to £50 million.
  • The Sunday Telegraph: M&A at four-year low as cash floods into flotations; despite all the right ingredients for dealmaking, deal activity remains sluggish.
  • The Sunday Telegraph: Pinnacle Foods is front runner to buy Unilever's Ragu; Anglo-Dutch consumer goods giant Unilever is looking to slim down its food portfolio.
  • The Sunday Telegraph: Yo! Sushi owner to double money with £120 million exit; the sale of Yo! Sushi comes amid a wave of the UK's most well-known restaurant chains being put up for sale.
  • The Sunday Telegraph: Education Personnel is put up for sale; UK's biggest provider of supply teachers hired advisers to possible £260 million sale.
  • Mail on Sunday (Midas share tip): The airline industry should be a prime beneficiary of economic recovery and Journey Group is well positioned to benefit – buy now.
  • Mail on Sunday (Midas share tip): Inland Homes has done well, but it is still relatively cheap compared with its peers and should profit from the Budget; existing investors should hold, while new investors could still derive value at current levels.
  • The Observer (Comment): The fate of the Co-operative Group is in the hands of about 50 elected regional and independent members, with a complex system of regional boards and block votes. How amenable with they all be to reform?
  • The Observer (Comment): Osborne's pensions 'freedom' will be a long-term social disaster; the chancellor's budget claims that making annuities optional is a great blow for freedom are far from the truth.
  • The Observer (Comment): B&Q appears to have nailed its recovery; King Digital heads for Crushing market debut; the joke could be on you too, George.
  • The Sunday Telegraph (Comment): Pension providers reel from Osborne's nasty surprise.
  • The Sunday Telegraph (Comment): Good effort George, but what about the debt?
  • The Sunday Telegraph (Comment): Unintended consequences of QE led to pensions reform.

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