Wealth Manager - the site for professional investment managers

Register free for our breaking news email alerts with analysis and cutting edge commentary from our award winning team. Registration only takes a minute.

Sunday Papers: BT's wades into 5G battle against Three

Top stories

  • The Sunday Telegraph: BT’S mobile arm EE is preparing to go into battle with rival operator Three over billions of pounds worth of airwaves, amid fears of delays to 5G network upgrade plans.
  • The Sunday Times: David Davis is cranking up the pressure on the European Commission to revise the timetable for the Brexit negotiations and to allow discussions to begin on a future trade deal.
  • The Sunday Times: A boom in cheap loans provided by the Bank of England is fuelling Britain’s consumer debt bubble as high street lenders have ramped up their use of a special lending facility created by Mark Carney, the Bank governor, after Britain’s vote for Brexit.
  • Mail on Sunday: Construction giant Carillion is on course for demotion from the FTSE 250 as it prepares to launch an emergency fundraising.

Business and economics

  • The Sunday Telegraph: Sales of bottled water have exceeded those of cola for the first time as warnings about the dangers of sugar begin to hit home, new research has shown.
  • The Sunday Times: Ross Turner, who founded Pelham Capital after heading Lansdowne’s European fund, racked up a 20 per cent return on investment in the first six months of the year - placing him third in the league table produced by HSBC.
  • The Sunday Times: The FTSE 100 commodities giant Glencore has been accused of illegally importing and storing oil in Ghana.
  • The Sunday Times: RM2, an AIM-listed maker of plastic pallets maker, faces a cash squeeze after a series of blunders by an all-star board of directors, including the scion of an international brewing empire and the former bosses of Marks & Spencer and Diageo.
  • The Sunday Times: Some of the City’s most powerful hedge funds have built significant short positions in doorstep lender Provident Financial amid speculation that the company is likely to unveil further profit warnings and cut its dividend.
  • The Sunday Telegraph: Unsafe working conditions in the heart of Britain’s textiles industry are a “ticking time bomb” preventing the ­return of manufacturing from offshore, according to two top fashion chief ­executives.
  • Mail on Sunday: The Government is poised to announce a swathe of job cuts at the department responsible for overseeing business rates, despite rising pressure on the organisation to help firms struggling with their bills.
  • The Sunday Times: Immigration from Europe may be on the wane, but the number of workers in Britain who were born outside the European Union is booming.

Share tips, comment and bids

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.
Citywire TV
Play Citywire Scotland: how wealth managers use new tech

Citywire Scotland: how wealth managers use new tech

We caught up with a few wealth managers at our annual event in Gleneagles to find out what technological innovations they are employing across their businesses.

1 Comment Play CEO Tapes: Buxton to Gilbert - ‘my Glencore quandary’

CEO Tapes: Buxton to Gilbert - ‘my Glencore quandary’

Do not miss the first two minutes of this film as Richard Buxton shares how he has been challenged by a client for owning shares in a certain company.

Play CEO Tapes: the huge opportunities for asset managers

CEO Tapes: the huge opportunities for asset managers

From tech disruption, retirement and poaching, the CEO discuss the opportunities for their businesses in this episode.

Read More
Wealth Manager on Twitter