What the Sunday papers said
Foster's is "hell-bent" on changing the terms of its distribution agreements with Scottish & Newcastle and SAB Miller. Foster's chief executive Trevor O'Hoy is highly critical of the existing agreement, which he says "short-changes" the Australian drinks giant. The agreement, which gives S&N the right to brew and distribute Foster's in Europe and Russia, was drawn up when the UK brewer bought Courage from Fosters in 1995. S&N said it had no plans to change the deal, which lasts in perpetuity. - The Business.
Foster's is meanwhile considering withdrawing its involvement with Formula One's British Grand Prix. The brand is the title sponsor of the annual race at Silverstone. S&N, which owns the rights to Foster's in the UK, has indicated that the sponsorship no longer fits in with its core strategy. Independent On Sunday
Wolverhampton & Dudley Breweries is expected to announce this week that its sales are being squeezed by the downturn in retail spending. W&DB is to give sales figures for the past year on Wednesday, with full financial results being announced in December. - Mail On Sunday
Spirit boss Karen Jones is reported to have been approached by Carphone Warehouse founder David Ross to become a non-executive director of PizzaExpress once the company undergoes a £900m flotation, with Ross as eventual chairman, later this month. - Sunday Express
Whitbread has sold its famous brewery site in Chiswell Street in the City of London for more than £50m. The sale of The Brewery, to Earls Court & Olympia Group, marks the end of a 255 year association with Whitbread. The former brewery site includes conference and corporate entertainment venues, as well as three pubs. Some of the existing buildings may be converted into housing - Sunday Times
The consortium which includes Robert Tchenguiz, whose R20 Group owns the Laurel Pub Co, looks likely to become the only realistic bidder to buy up food supermarket chain Somerfield, following the withdrawal of United Co-Operatives from negotiations. The Tchenguiz-led consortium made a bid for Somerfield valuing the group at £1.1bn - Sunday Telegraph
And finally...
A series of previously unpublished caveats are to be introduced into the Licensing Act 2003, all designed to prevent inappropriate persons from becoming licensees. Offences that would prevent someone from selling alcohol include having been found guilty of kidnapping an heiress, having sexual intercourse with a "defective" and committing violent crimes including arson. What constitutes a "defective" is - rather unhelpfully - not made clear...