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Sunday newspaper round-up: Asda, Barclays, McLaren

Zuber Issa, one of the two billionaire brothers at the helm of Asda, has been sounding out potential buyers for his 22.5% stake in the grocer. Instead, Zuber wishes to focus on EG Group, their petrol station empire. Meanwhile, Asda's next phase may include a bid for Boots. According to City sources, it was also possible that Zuber might use the funds raised through a sale to fund the purchase of his brother's stake in EG Group. - The Sunday Telegraph
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Friday newspaper round-up: Water companies, Ferrari, Superdry

An oil and gas company owned by a major Tory donor, which has been fined for illegal flaring, has been awarded a licence to drill for fossil fuels by the government. This week, the government granted the right to drill for fossil fuels in 24 new licence areas across the North Sea. One of the licences was given to EnQuest Heather, a subsidiary of EnQuest. – Guardian
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Thursday newspaper round-up: National Lottery, Mike Lynch, Morrisons

The Czech billionaire whose company takes over running the UK national lottery from Thursday is still in business with the Kremlin-owned gas company Gazprom, nearly two years after promising regulators he would sever ties with Russia. The Gambling Commission awarded Allwyn the lucrative 10-year licence to run the lottery, estimated to be worth up to £100bn in sales, in March 2022. – Guardian
United Kingdom City Of Mike Lynch Vifor Pharma Nasser Hussain Alistair Barclay

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Wednesday newspaper round-up: Sky, Tesla, Starbucks

Thousands of delicatessens and other specialist food shops have said new border rules that come in from Wednesday are likely to mean reduced choice of products for consumers. The Guild of Fine Food (GFF), which represents 12,000 businesses, has raised fears that European suppliers of specialist foods such as cheeses and meats will stop supplying the UK as a result of the additional red tape for imported goods. – Guardian
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Tuesday newspaper round-up: Neuralink, BP, EY, VAT-free shopping

The UK has fallen to its lowest-ever position in Transparency International’s corruption perceptions index, which ranks countries by experts’ views of possible corruption in public services. The UK fell from 18th (out of 181 countries) in 2022 to 20th in 2023, its lowest position since the research was revamped in 2012. It means that, according to the research, Britain is seen as more corrupt than Uruguay and Hong Kong. – Guardian
United Kingdom Elon Musk Bernard Looney Big Four Centre For Economics Business Research

Sunday newspaper round-up: NatWest, China, Vodafone

The Chancellor is laying the groundwork for the sale of billons of pounds worth of shares in NatWest as soon as June. A contract to a market research company has been awarded to study the public's views, alongside a tender to public relations firms and advertising companies who would work on the marketing campaign. Nevertheless, sources inside the Treasury have played down recent speculation in the City that Jeremy Hunt might announce the decision in his 6 March budget. The sale was expecte...
United Kingdom John Lewis Partnership Emirates Telecommunications China Securities Regulatory Commission Securities Regulatory Markets Authority

Monday newspaper round-up: Train strikes, fuel poverty, Evergrande

Train drivers will keep striking to “raise the profile” of their dispute after half a decade without a pay rise, the Aslef union has warned, before another week of rolling strikes across England. Aslef’s general secretary, Mick Whelan, has said he believes that the government will make renewed efforts to see train companies use controversial new anti-strike laws, despite the union forcing a climbdown this time round. – Guardian
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