Sunday newspaper round-up: Sainsbury's, Bank of England, Predators

14th Sep 2025 19:45

(Sharecast News) - Sainsbury's has balked at Chinese retailer JD.com's attempt to revise a bid for its Argos unit. That talks had been ongoing had been revealed just 24 hours before by the Telegraph. According to the UK retailer, JD was not willing to continue talks on the basis of its initial deal, only on "a materially revised set of terms and commitments". The talks have now been terminated. - The Sunday Times

Four former members of the Monetary Policy Committee have urged Bank of England Governor Andrew Bailey to cut back plans to sell government bonds in order to lower the government's borrowing costs. The country's long-term borrowing costs recently hit their highest level in 27 years. The Chancellor is due to deliver the autumn budget on 26 November. - Guardian

Foreign predators have taken over £30.4bn of UK businesses during the first six months of the year - the most since 2021. And the pace of acquisitions may be set to quicken. Prompting interest from foreign buyers are their fears around Donald Trump's economic policies. UK companies for their part scooped up £11.9bn-worth of foreign businesses. - The Financial Mail on Sunday

Two influential advisory groups have urged Boohoo investors to vote against the company's executive pay proposal at this week's shareholder meeting. The two groups are Institutional Shareholder Services and Glass Lewis. ISS has expressed concern around the new chief executive officer's proposed bonus, as well as those for other executive bonuses. Glass Lewis meanwhile warned against the use of discretionary bonuses by Boohoo. - The Sunday Telegraph