What the Sunday papers say

SUNDAY EXPRESS HOUSEHOLD finances are set to get some relief this week, as inflation is expected to slip back to 2.9 per cent, according to City economists. DRINKS firm Tranquini, which was founded by a former Red Bull executive, is looking to raise fresh investment to help fuel expansion in the UK and US. BANKS are set to pay their junior staff bigger bonuses in a bid to keep them from defecting to techology firms, according to Emolument.com, the salary data group.

SUNDAY TIMES A FORMER public schoolboy has been accused of being the mastermind of a multimillion-pound international cryptocurrency fraud, which netted him $30million and saw one investor commit suicide. BESIEGED engineering giant GKN is expected to offer a big cash return to shareholders this week in a bid to repel a hostile takeover approach.

SUNDAY TELEGRAPH ANGER at BT’s failure to commit to a large-scale broadband network upgrade has triggered discussion on whether it should be forced to spin off its network subsidiary Openreach. THE Big Six energy suppliers will be forced to sacrifice thousands of customers who are stuck on poor value deals to an auction where rival suppliers can make a better offer.

OBSERVER STOCK markets are heading for a wild ride this year as central bankers strap on their bulletproof vests and test investors’ willingness to accept higher interest rates. Last week’s share price crashes, which wiped $4trillion off the value of markets worldwide, was just a foretaste of the battle to come.