What the Sunday papers say
SUNDAY EXPRESS
BRITAIN’S economic growth was sharply curtailed during the fourth quarter, official data out soon is expected to show. PATISSERIE Valerie administrator KPMG will hold talks with shortlisted potential rescuers this week, despite an 11th-hour bid for the collapsed cake and café chain from Mike Ashley. BRITONS will only put up with the rising cost of subscription TV, film and sport services for so long, media groups have been warned.
SUNDAY TIMES
THE chairman of Interserve has urged the hedge fund trying to overthrow its board to engage in talks or risk a “really bad” outcome for the embattled cleaning and building company.
A LARGE slice of the North Sea’s gas output is set to change hands as a French billionaire puts some of her energy assets up for sale.
SUNDAY TELEGRAPH
THE boss of $5trillion (£3.9trillion) fund behemoth Vanguard has warned that stock market returns will halve over the next decade as volatility surges and the era of cheap money ends. VIRGIN Media is exploring an historic takeover of KCOM, the monopoly telecoms provider in Hull, in an attempt to accelerate its network expansion programme.
OBSERVER
THE Business Secretary was forced to admit the existence of a secret package of state aid to Nissan that could have been worth up to £80million had the carmaker gone ahead with plans to manufacture a new-model X-Trail in Sunderland after Brexit.