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What the papers sayBack

The Financial Times

NicolaSturgeon

Sturgeon eyes big role for SNP in running UK

The Scottish National party has staked a claim to a leading role in UK-wide policy making with the promise to fight both for Scotland’s interests and for “progressive change” across Britain.

Brussels in high-stakes move to charge Russia’s Gazprom with market abuse

Brussels will tomorrow accuse Russia’s energy giant Gazprom of illegal abuse of its dominant position in Europe’s gas market, unleashing antitrust charges that threaten to inflame already difficult relations with Moscow.

Companies and Markets

UK imposes three-month deadline for Fridman to sell 12 North Sea gasfields

The UK is to force Russian billionaire Mikhail Fridman to sell a dozen North Sea gasfields owned by his $10bn fund L1 Energy, giving him three months to comply or lose operating rights.

 

The Times

Miliband vows to impose mansion tax within weeks

A mansion tax on the more valuable homes would be imposed within weeks by a Labour-led government to help to pay for the emergency recruitment of 1,000 extra trainee nurses, Ed Miliband will reveal today.

Top Gear hopeful gets up to speed

As job applications go, driving an Aston Martin at 180mph on a 40mph road would seem the ideal way to make your pitch to be Jeremy Clarkson’s replacement as the host of Top Gear. The police are not so sure. Guy Martin, a motorcycle racer who presents Speed with Guy Martin on Channel 4, is now 13-2 with Paddy Power to present Top Gear – one of the top ten favourites.

Business

Petrofac pays for taking ‘risks’ in North Sea project

Petrofac has vowed to steer clear of risky bets on the North Sea after blaming a high-wage, low-productivity workforce for a $375million loss on a troubled gas project. The oil services provider, which builds and runs offshore gas and oilrigs, blamed large pay packets, bad weather and poor labour productivity for its cost blowout on the Laggan-Tormore on-shore gas plant project in the Shetlands, which is nearing completion

The Independent

Tories return £50,000 donated by wife of convicted tax fraudster

The Conservatives last night returned more than £50,000 in donations from a prominent businesswoman – after The Independent uncovered that her husband was convicted of tax fraud in the US.

 

The Daily Telegraph

Peer attacks Miliband for class warfare from the 1970s

Ed Miliband is trying to take Britain back to the class warfare of the 1970s by stirring up hostility to business and renouncing New Labour, a leading entrepreneur has warned.

Shanghai motor show drives home China’s top ranking in the industry

China’s dominant position as the number one global car market has been underlined at the vast Shanghai auto show as manufacturers showed off their latest wares, despite the sales growth in the country hitting the brakes.

 

Daily Mail

Cosy tax deals of the NHS fat cats

NHS chiefs are using a potential tax dodge by channelling salaries of up to £2,000 a day through personal companies. Hospital bosses are exploiting cash-strapped trusts by raking in bumper pay deals as freelance consultants.

Posted by Lois Hardy on 21/04/2015