What the Sunday papers say
SUNDAY EXPRESS
INFLATION is set to more than double and Britain’s economic growth will be weak for a prolonged period, according to the EY ITEM Club’s latest forecast. TESCO’S public row with Unilever is the first skirmish in a series of price disputes between supermarkets and food producers and consumer goods firms, retail experts warn. SKY and BT will be pitted against each other for the exclusive UK and Irish broadcast rights to European club rugby at next year’s auction, sources say. FRENCH holidays group Evaneos, which puts travellers in direct contact with local travel agents, predicts the UK will go from fifth to being the biggest part of its business within three years.
SUNDAY TIMES
SOFTWARE giant Misys has had to slash the value of its blockbuster float by up to 30 per cent in the latest sign of market ructions unleashed by the Brexit vote. DOWNING STREET has offered Britain’s roads to Nissan as a test track for driverless cars in a bid to persuade the Japanese automaker not to quit the UK after Brexit.
SUNDAY TELEGRAPH
DISTRESSED debt funds are circling hire-purchase electricals chain BrightHouse, amid fears it could face a crippling clampdown by watchdogs over alleged over-charging.
OBSERVER
IN the 2007 financial crisis, central banks slashed interest rates and poured money into economies. But the result has been years of dismal investment returns.