A-Z of the Sunday newspapers
Updated: 19:00 EST, 25 January 2003
THIS Is Money reads the Sunday papers so you don't have to. Here is this week's run-down of who is making the headlines on the City pages, and why:
The Business: The drugs giant is this week likely to warn that earnings for the coming year are down on last year.
Sunday Telegraph: Barclays is to become the first substantial British company to defy the Government's new strictures by moving its chief executive to the role of chairman.
Sunday Times: BAE Systems and Thales, the defence groups vying to build Britain's new aircraft carriers, have been given only six days to work out a joint approach to the contract.
Cable & Wireless
The Observer: Lucy Woods, who recently quit as head of WorldCom's European operation, has been sounded out by Cable & Wireless to replace Graham Wallace as chief executive.
Collins Stewart
The Business: The Financial Services Authority has launched an investigation into the involvement of the London-based stock broker and fund manager in the split-capital investment trust scandal.
The Observer: The US is to weaken its seven-year commitment to the 'strong dollar policy' this week and accept the greenback's slide on the world markets
Sunday Telegraph: The Treasury has decided to split the chairman's role at the Financial Services Authority after the incumbent, Sir Howard Davies, steps down later this year.
IG Index
Sunday Times: Duke Street Capital, the private-equity firm, is considering a bid for IG Index, the spread-betting company where the founder, Stuart Wheeler, is planning to sell his 24% stake
Mmo2
The Business: The mobile phones operator is planning to hold on to its German business until at least the summer, following a strong rebound in its performance.
Sunday Telegraph: The Opec oil-producing nations could make up any shortfall in supplies caused by war in Iraq, according to Ali Naimi, Saudi Arabia's oil minister.
The Business: UK business is willing to commit £8m to the Olmypic bid process, according to the London Business Board.
Petchey
Sunday Times: A vehicle used by Jack Petchey, the serial share dealer, to acquire stakes in a number of listed companies, has been reported to the Financial Services Authority.
Sunday Times: Plans for a high-speed rail line linking London and Scotland will be unveiled this week by the Strategic Rail Authority (SRA).
Sunday Times: Philip Green, the retail tycoon, will tomorrow enter talks with the Office of Fair Trading (OFT) about his proposed bid for Safeway, the supermarket group at the centre of a six-way bidding battle.
Six continents
Sunday Times: Investment bankers working on the break-up of Six Continents, the hotel to pub chain, are examining ways to release additional capital tied up in its £3.5 billion pub group.
Sunday Telegraph: Tower Records is pulling out of the UK market with the planned sale of its flagship London stores on Piccadilly Circus and High Street Kensington.
Sunday Times: United Airlines, the struggling American carrier in Chapter 11 bankruptcy protection, has pledged its Heathrow runway slots as security to its banks. The prized slots and all United's UK routes have been put up as collateral to a group of banks providing £750m in emergency financing.
Wessex Water
Independent on Sunday: The Crown Prosecution Service is expected to recommend that charges are dropped this week against Colin Skellett, the chairman and chief executive of Wessex Water, who was arrested in August and accused of corruption.
Zurich Financial Services
Sunday Telegraph: The life insurer aims to raise £500m by selling Threadneedle Asset Management, its UK-based fund manager.