The Times
Flash-crash traders ‘put markets at risk’: The increasing trend towards ultrafast automated financial trading poses one of the biggest threats to regulation in the years ahead, an MP has warned.
Air dynasty to reclaim regional skies: Two helicopter tycoons are planning to unleash a new force in regional aviation by merging the rump of the old British Midland group with the island-hopping Scottish carrier Loganair.
Bill errors top list as complaints to the Big Six soar: Complaints about the big energy companies have soared, with billing still the biggest bugbear, according to data published by the energy ombudsman.
Bitcoin Chief held over missing millions: Mark Karpelès, the former Chief Executive of Mt.Gox, the defunct bitcoin exchange, has been arrested in Tokyo in connection with the disappearance of hundreds of millions of dollars of the virtual currency.
Dubai state oil group lands Dragon with £4 billion deal: Dragon Oil is to be bought by its largest shareholder in an improved offer that values the business at £4 billion and has won the backing of rebel investors who had been holding out for a higher bid.
London waterfront to take on new look with Italian backing: A property company backed by Italy’s best-known business dynasty is to redevelop a key segment of the London waterfront.
Property title fraud claims on the rise: Property title fraud claims have hit a three-year high and could rise even further if the Bank of England increases interest rates at the end of the year.
The Independent
City of London employers are failing disabled workers, says Lord Mayor: The City’s big employers must make greater efforts to employ disabled people, the Lord Mayor of London has told The Independent in an exclusive interview.
British Airways sacks chair of pension fund after reports of a row over investment strategy: British Airways has ousted the chair of the airline’s pension plan trustees after reports of a row over investment strategy.
Pizza Express under pressure from waiting staff to drop 8% administration fee they lose on credit card tips: Pizza Express Chief Executive Richard Hodgson is under pressure from waiting staff to drop an 8% administration fee that they lose on credit card tips.
Tories plan U.S.-style trust to entice private sector to plug £130 billion infrastructure gap in London: The Conservatives are plotting a U.S.-style trust to entice the private sector to plug a £130 billion infrastructure gap in London.
Financial Times
Britain not ‘land of milk and honey’, says immigration Minister: James Brokenshire, the immigration Minister, said on Sunday that the government wanted to show the U.K. was not a “land of milk and honey” as he defended moves to strip families of benefits if their asylum applications were rejected.
Commodity prices fall hits capital expenditure: A fall in commodity prices is shrinking global corporate spending, with capital expenditure predicted to fall this year and next, research to be published on Monday shows.
UniCredit Chief explores options as he seeks to avoid cash call: UniCredit Chief Federico Ghizzoni is exploring a strategic shake-up of the bank to boost profitability and address investor concerns while he seeks to avoid a cash call, insiders say.
Noble brings forward second-quarter results after share slide: Noble Group is bringing forward its second-quarter results and said it had “ample funds” in an effort to fight back, following a 28% share price slide last week as attacks on the commodity trader’s accounting take their toll.
Rolls-Royce urged to accelerate cost cuts: ValueAct, the U.S. hedge fund that has become Rolls-Royce’s largest shareholder, is urging the engine manufacturer to accelerate cost cuts within its core aerospace business, according to people familiar with the fund’s thinking.
China central bank defends online payment rules amid criticism: China’s central bank has move to defend draft rules that would force online payment processors to channel large payments through traditional bank accounts, a requirement that industry observers say will stifle innovation while protecting the interests of incumbent banks.
Illycaffè sells €70 million bond to secure coffee market share: Illycaffè has sold a €70 million bond as the Italian family-owned company decides to go it alone in the rapidly consolidating global coffee industry.
Calais migrant crisis hits U.K. business: With the migrant crisis at Calais showing little sign of abating, British businesses are being forced to find alternative and more expensive ways to transport their goods over the Channel.
ITV Studios in focus as audience share falls: Shares in ITV continued their upwards spiral last week, buoyed by strong ad revenues and buyout speculation.
The Daily Telegraph
U.S. economist denies being part of ‘criminal gang’ over secret Plan B for Greece: A world-renowned U.S. economist who was part of a secret “Plan B” team devised by Greece’s former finance Minister, has denied being involved in a “criminal gang” intent on bringing the drachma back to the country.
Former Tory leader Michael Howard to meet fraud office in Soma probe: Former Conservative leader Michael Howard is to be questioned by the Serious Fraud Office (SFO) as part of its criminal investigation into Soma Oil and Gas in relation to allegations of corruption in Somalia.
Jammy Dodger maker gets sweet tooth for Nakd bars: The maker of Jammy Dodgers, Burton Biscuits, is said to be exploring a £60 million bid for Natural Balance Foods, the maker of Nakd and Trek health food bars.
Travelport Chief enjoys third-time lucky listing: Gordon Wilson has made it to the stock market at the third time of asking. Just don’t suggest to the Chief Executive of Travelport Worldwide that it’s via the wrong exchange.
U.S. jobs boom to strengthen case for early Federal Reserve interest rate rise: Surging job growth will entrench the case for the first U.S. interest rate rise in nine years as early as September, economists predict.
Insurer RSA ready to hold out for 600p-a-share bid from Zurich: The board of the FTSE 100 insurance giant RSA are understood to be pushing for a take-out price of at least 600p a share from potential bidders Zurich, The Sunday Telegraph has learnt.
Tour operator Audley Travel explores £200 million sale: Audley Travel, the upmarket tour operator, is heading for a new adventure as it becomes the latest travel company to be put up for sale.
Groupon rival Wriggle raises £500,000 to seize market share in London: App start-up Wriggle, which aims to get more people eating out with small independent restaurants, has secured £300,000 of a new £500,000 funding round as it seeks to expand into 20 new locations.
Another Dubai debt crunch is looming as oil slump hits Gulf: Car parks filled with abandoned sand covered Porsche and Ferrari sports cars was an enduring image of Dubai’s last flirtation with economic oblivion five years ago.
The Guardian
Interest rates: economists and homeowners brace for Super Thursday: Britain’s mortgage borrowers will be warned this week to brace themselves for higher interest rates on what City of London traders have dubbed “Super Thursday”.
Next banks £170 million in interest charges from shoppers: Next, one of Britain’s biggest high street retailers, banked almost £170 million in interest charges last year from shoppers using its online and catalogue credit service.
Greece braces for busy day’s trading as Athens stock market reopens: Greek investors expect a tumultuous day’s trading when Athens’ stock market reopens on Monday after a five-week shutdown.
Bank lending to business forecast to rise in 2015: Business lending by Britain’s banks remains on track to rise in 2015, despite falling sharply in June, according to a new forecast from the EY Item Club.
Dr Now: the smartphone app that puts you in touch with a GP – for a fee: A U.K. tech firm is offering video consultations with doctors via mobile phone, in a bid to repeat the success of British startup apps such as Hailo and Just Eat in which a taxi or a meal is a phone-tap away.
Daily Mail
Morrisons set to reveal profit is down 25% as deflation bites and price wars hot up: Morrisons has taken another battering in the past six months and is expected to report that profits have fallen 25%, according to the company’s newly appointed broker Shore Capital.
John Lewis hoping to attract the fashion crowd with new in-store boutiques: Department store group John Lewis is hoping to attract fashionistas with new boutiques in its large stores showcasing top brands including Nike and Bruuns Bazaar.
‘Allow fracking or U.K. will become living museum’, warns top business leader who wants to over-ride local planners: The Government is expected to announce the winners of a new wave of licences allowing firms to explore fracking opportunities across Britain as early as this week.
Daily Express
Insurance tax hire unfair, say drivers: Nearly nine in 10 motorists believe that a planned tax hike which will push up the cost of insurance policies is “unfair” and will encourage uninsured driving, according to research by the AA.
Bank giant HSBC’s future in the U.K. under the spotlight as half year results are announced: The future of HSBC as a U.K.-based bank will come into renewed focus when it reports half year results.
Bank of England ‘split over interest rate rise’: The Bank of England will announce its latest interest rate decision this week amid speculation that there will be a split vote among officials for the first time this year.
Superhero boost for Disney profits: Superhero blockbuster Avengers: Age Of Ultron has helped send Walt Disney’s third quarter pretax profits up 6.4% to $3.9 billion (£2.5 billion), according to Wall Street analysts.
The Scottish Herald
Brodies law firm capitalises on strong deal activity in Scotland: Brodies law firm has predicted mergers and acquisitions activity will increase in the oil and gas sector in spite of the crude price slump after its corporate specialists made a strong start to the year.
Pension firms face squeeze on profits: The life and pensions industry which is a big employer in Scotland will find profits coming under pressure this year amid sweeping reforms experts have warned.
International law firm Ashurst set to expand operation two years after landing in Glasgow: Ashurst Glasgow, the “legal sourcing centre” established in Scotland two years ago to service the £586 million-turnover global law partnership, is aiming to double the amount of lawyers and legal analysts it employs within the next three years.
The Scotsman
New fish vaccination research gets cash injection: Aqualife, a family-owned business based in Stirling, has received £117,000 from the Scottish Aquaculture Innovation Centre (SAIC) for a research project to develop new fish vaccination techniques.
Edinburgh Fringe ticketing to go contactless: Technology firm Intelligent Point of Sale is eyeing a surge in demand for contactless payments after winning deals to roll out its mobile till system at this year’s Edinburgh Fringe.
Business lending to grow for first time in 7 years: Lending to businesses is set to grow this year for the first time since the financial crisis, an influential think-tank said.
George Osborne to launch £2.5 billion sale of RBS shares: The sale of taxpayer-owned shares in the Royal Bank of Scotland could begin as early as, seven years after the bank had to be bailed out as the financial crisis reached its peak.
City A.M.
Tyrrells buys Yarra Valley for global growth: Upmarket crisps maker Tyrrells is speeding up its global expansion after announcing its acquisition of Melbourne-based organic snacks company Yarra Valley Snack Foods.
Bank of England hawks to vote for rate hike on Super Thursday: The Bank of England will for the first time release a string of reports alongside its monthly monetary policy decision this week. And at least two hawks are expected to break rank and vote in favour of an interest rate hike.
Bank of Cyprus mulls re-listing stock in London: The Bank of Cyprus is weighing plans to move its stock market listing from Athens to London next year.
Jump in skilled non-EU workers coming to U.K.: There has been a sharp rise in the number of non-European Union finance professionals coming to the U.K., new figures show this morning, highlighting the importance of firms’ access to skilled non-EU workers.
Areva looks to Chinese for investment: Areva will seek partnerships with Chinese energy companies that could see them take stakes in the French nuclear reactor maker in an upcoming multi-billion euro capital increase, its Chairman, Philippe Varin, told French weekly, the Journal de Dimanche.
AA to stand against IPT premium rise: Motor association AA has challenged the Chancellor’s increase in Insurance Premium Tax, after 87% of drivers surveyed called it unfair.
Gym Group warms up ahead of a £300 million London market listing: The Owners of low-cost fitness chain Gym Group are eyeing a £300 million float on the London stock market just over a year after abandoning plans to merge with rival Pure Gym.
U.K. business confidence jumps as profit and revenue growth rises: British business confidence has climbed for the first time in over a year, new survey figures released this morning reveal.
