What the Sunday papers said
Police have seized more than 500 fake identity cards from children trying to buy alcohol in a Cornish resort plagued by raucous public school pupils. Locals in the north Cornish town of Polzeath have been clearing up after weeks of beach parties which have seen teenagers arrested for drunkenness and drug-taking. The children's well-off parents apparently dump them in the resort while they attend dinner parties, only returning in the early hours to pick them up. Seized fake ID cards had been bought over the internet and used to buy alcohol, police said. - Sunday Times
Gordon Brown is planning to cast a net of hi-tech surveillance over routine aspects of everyday life via a major expansion of the ID cards project. High street business, such as banks, would share confidential information from government databases in a bid to cut crime. Police could be alerted immediately when a wanted person used a cash machine or a supermarket loyalty card. The plan would make ID cards cheaper, as companies would pay for access to the national identity register. Nick Clegg, LibDem spokesman for home affairs, described the proposal "as a pretty shoddy way of cutting costs…and a step towards creating a surveillance state". - The Observer
Shares in Mitchells & Butlers rose last week as the City digested rumours that Enterprise Inns was looking to launch a bid for the managed pub group. While sources scotched this idea, Robert Tchenguiz, the property magnate who tabled an offer for M&B that was rejected, hovers in the background, ready to pounce. - Mail On Sunday
Scottish & Newcastle is expected to deliver strong first half profits this week, driven by improved UK beer sales. Investors will be keeping a close eye on its French business after S&N indicated that branded beer sales in France fell by seven per cent in the first quarter. - Independent On Sunday
Few City analysts are willing to predict any significant outperformance when Scottish & Newcastle announces its first half results this week. Broker Morgan Stanley said there is long-term pressure in some of S&N's markets, although over-capacity could lead to consolidation moves. Other brokers have issued negative or neutral notes on the brewer, although Lehman Brothers believes the good UK summer offers potential upside. - The Business
Rum giant Bacardi is weighing up a multi-billion pound stock market float that would end 144 years of family control. Bacardi executives have spoken to several Wall Street banks and are said to be considering a listing on the New York Stock Exchange. - Sunday Times
C&C, the Irish owner of Magners cider, is reviewing the options for its struggling soft drinks business. Sources close to C&C, which sells Pepsi in Ireland and owns Ballygowan water - said the group was likely to appoint Goldman Sachs and Davy Stockbrokers to head a strategic review of the division, which could fetch £100m. C&C lost distribution rights for Evian and Volvic bottled water and a number of brands owned by Allied Domecq. - Sunday Express
And finally…
Pernod Ricard boss Pierre Pringuet is holidaying in Acapulco in Mexico, which is convenient given Pernod's rumoured interest in buying Tequila Herradura, currently the subject of a £500m bid battle. Herradura's Guadalajara base is but an hour's flight away from where M Pringuet is catching some rays… - Sunday Telegraph