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Sunday Papers: Freeze minimum wage, urge bosses

Sunday Papers: Freeze minimum wage, urge bosses

Top stories

  • The Sunday Times: Warning of job losses, bosses are calling for a freeze in the minimum wage amid the latest signs that Brexit fears are holding back investment by businesses.
  • The Sunday Telegraph: Stricken building contractor Carillion is facing growing calls to launch an emergency fundraising as it threatens to plunge further into financial crisis.
  • Mail on Sunday: Frankfurt is expected to be the major winner in moves by City banks to shift jobs out of London as a result of Brexit.
  • The Sunday Telegraph: British families are signing up for a lifetime of debt with almost one in seven borrowers now taking out mortgages of 35 years or more.

Business and economics

  • The Sunday Telegraph: The influence of overseas drugs giants in the UK healthcare system could come under scrutiny after it emerged that foreign firms are the driving force behind a judicial review challenge to new NHS drug pricing powers.
  • The Sunday Telegraph: Barclays is battling investor pressure to pursue a spin-off of its high street operations from the bank’s investment banking arm.
  • Mail on Sunday: Billionaire Mike Ashley is facing renewed calls to draft in executive heavyweights to help run his £3 billion empire as the City braces for a profits collapse.
  • The Sunday Times: GLG, one of London’s best-known hedge funds, and one of Canada’s largest pension plans, Canada Pension Plan, are among the biggest losers from a dramatic recovery at Premier Oil.
  • Mail on Sunday: Members of Nationwide Building Society have been urged to reject a £3.4 million pay deal for new boss Joe Garner.
  • Mail on Sunday: Car finance firms are fitting ‘kill switches’ that immobilise vehicles if drivers miss a payment.
  • The Sunday Times: Premier Foods, the maker of Mr Kipling cakes, will unveil another disappointing set of figures this week amid growing pressure on its chief executive.
  • The Sunday Times: The co-founder of Jack Wills has taken the preppy fashion retailer back to profitability two years after he returned to save it from a costly logistics gaffe.
  • The Sunday Telegraph: Bosses at Vue cinema chain are in line for a blockbuster windfall worth hundreds of millions of pounds as it heads towards a bumper sale or float.
  • The Sunday Times: Amazon is stepping up its assault on America’s $780 billion grocery market with plans to deliver meal kits to customers’ homes.
  • The Sunday Times: ITV is poised to anoint the easyJet boss Dame Carolyn McCall as its new chief executive.
  • The Sunday Telegraph: Iceland's foreign minister has opened the door for Britain to rejoin a European trade club that would put it on a fast track to sign dozens of ready made deals after Brexit.
  • The Sunday Telegraph: Canadian fund West Face Capital, an activist investor, has raised questions about the sprawling transatlantic operations of FirstGroup, fuelling speculation that it is planning to push for a break-up of the giant bus and rail operator.

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