What the Sunday papers said
The Mail on Sunday hails 'Super Ted' Tuppen as the most successful businessman in the FTSE. Enterprise Inns has produced the best returns for shareholders over the past five years, topping the shareholder value league with a 482 per cent return - The Mail on Sunday Spirit Group chief executive Karen Jones is keen to dispel rumours of recent weeks that she is preparing to break up the company. Jones said a float remains the most likely exit route for Spirit's venture capital backers, "but there's no time frame and no advisers have been appointed" - The Sunday Times
Irn-Bru is to move south of the border in a £5m marketing drive to raise sales in England. The Phenomenal marketing campaign launched in Scotland last autumn is being extended south of the border after a trial in northeast England lifted sales by a third - The Sunday Times Ultimate Leisure, the Newcastle-based pubs and nightclubs operator, is facing questions from the Financial Services Authority into share sales by a director and the brothers of the chairman effected within weeks of a profits warning. Shareholders have demanded explanations from the board as to why the share sales took place - The Sunday Telegraph
Sir Francis Mackay is to stand down as chairman of Compass, the food services giant which he effectively created with Sir Gerry Robinson in the mid 1980s. Mackay's departure follows two recent profit warnings at the £5bn business, but it is understood that the decision to quit pre-dates recent shareholder criticism of the group - The Sunday Telegraph
Robert Tchenguiz, the property entrepreneur, plans to turn the Trocadero on Piccadilly Circus into a 600-room budget hotel if a consortium he has formed with Stanhope, the developer led by Sir Stuart Lipton, wins a £200m bidding battle for the London landmark. They are also considering expanding the casinos that operate in the building - The Sunday Telegraph
After a series of false alarms, the long-feared slowdown in the British economy appears to have materialised. It was too late to save the Conservatives, but it could yet poison the third Labour term and destroy Chancellor Gordon Brown's reputation - The Business
An all-out glass war is raging over the control of the 7bn glass bottles produced in Britain each year. Lawyers representing Irish financier Paul Coulson, whose four UK Rockware factories currently produce 40 per cent of Britain's glass bottles, are preparing to serve a judicial review on Chester city council for allowing a £250m state-of-the-art glass bottle factory backed by Irish billionaire Sean Quinn - The Observer