What the Sunday papers say

SUNDAY EXPRESS CORPORATIONS are “gaming” the European Central Bank’s economic stimulus programme by hoarding the “free” cash that it is handing out instead of investing it in jobs and growth, sources claim. PREMIER LEAGUE football clubs have smashed their summer spending record for a fourth consecutive year and will have spent £1billion on new players by Wednesday night when the transfer window closes, Deloitte says. ARM HOLDING’S shareholders are expected to give their approval to the technology giant’s £23.4billion takeover by SoftBank tomorrow.

SUNDAY TIMES HEDGE funds have cranked up bets against the pound to their highest-ever level, posing a threat to sterling’s nascent recovery. THE private equity firm behind Bernard Matthews turkey products and Maplin Electronics is among suitors running an eye over struggling French Connection.

SUNDAY TELEGRAPH THE new transport secretary has met with the bosses of Heathrow and Gatwick for the first time to hear their arguments for expansion, signalling the Government is edging towards the decision about where to build a new runway. JACK HILLS, the clothing brand, is to create a camouflage-inspired range in partnership with Help for Heroes, with 40 per cent of proceeds going to the charity.

OBSERVER MARTIN HUGHES, the fund manager dubbed “the rottweiler” in the City, is not a man to take lightly, as directors at equipment rental group Speedy Hire are finding out.