What the Sunday papers say
SUNDAY EXPRESS WM MORRISON chief executive Dave Potts is expected to hike the revitalised supermarket giant’s dividend at its interim results on Thursday, in a show of confidence in its growth prospects. PAY-TV giant Sky is opening its own secondary school today, the Bolder Academy, which will initially be attended by 150 Year Seven pupils. BRITAIN is better prepared for a future financial crisis than it was when Lehman Brothers collapsed 10 years ago, according to PwC, administrator of the investment bank’s European operations.
SUNDAY TIMES A LEADING member of the family that founded the Japanese pharmaceuticals giant Takeda has spoken out for the first time in opposition to its $62billion (£48billion) takeover of Londonlisted rare disease specialist Shire. THE billionaire founders of Amazon and Microsoft have poured money into British start-up Wagestream, which lets workers draw down their salaries early.
SUNDAY TELEGRAPH DEBENHAMS has parachuted in a team of top company ‘doctors’ to draw up emergency turnaround plans as a full-blown crisis threatens to engulf the troubled department store chain. HOTELIER Surinder Arora has stepped up his £14billion bid to build Heathrow’s third runway, and wrestle control of the expansion from the current airport operator.
OBSERVER AMAZON became the second company to be valued at $1trillion, a matter of weeks after Apple reached the mark.