A-Z of the Sunday newspapers

THIS Is Money reads the Sunday papers so you don't have to. Here is this week's run-down of who is making the headlines on the City pages:

OBSERVER

Football

Fulham football club has propelled itself up the league table of Premiership indebtedness, with net liabilities topping £100 million for the first time.

HSBC

HSBC has given big pay rises to senior executives shortly before they retire, boosting their pensions. Chairman Sir John Bond has just been awarded a 24% pay rise, to £1.2 million, while former chief executive Sir Keith Whitson got a 9.4% pay rise to £790,000 two months before he retired last June.

Shell

In a move that could lead to the biggest investment banking bonanza in history, Royal Dutch/Shell, the crisis-stricken oil giant, is considering taking on a Wall Street firm to oversee a radical shake-up of its creaking corporate structure.

Telegraph

The Daily Telegraph and its sister titles are forecast to make a pre-tax profit of between £45 million and £50m this year, according to bidders who have seen the group's books.

INDEPENDENT ON SUNDAY

BAE Systems

BAE Systems and Alvis set to be snubbed after calling for lead roles in the construction of up to 2,000 new-generation tanks

BNFL

Tony Blair's chief of staff, Jonathon Powell, has persuaded the US government to bail out BNFL to the tune of £280m over two nuclear clean-up contracts.

British Airways

BA is considering making a further 750 people redundant after its three unions rejected its plans to plug the £1bn hole in its pension scheme.

Shell

The Department of Trade and Industry is poised to appoint inspectors and launch its own investigation into Shell after Monday's explosive report into the company's misreported reserves scandal revealed an elaborate cover-up by former bosses.

SUNDAY TELEGRAPH

Barclays

Barclays may have one chief too many, following the transfer to John Varley of most of the chief executive's functions, even though he is technically still deputy chief executive.

Canary Wharf

Canary Wharf is planning legal action against its founder, Paul Reichmann, after he decided to bid against the Docklands property group in a competition for a £2bn development.

Eidos

Eidos, the computer-games publisher best known in the City for its Lara Croft game, has demanded that a leading broker reveal the identity of a secretive investor who has amassed a £12m stake in the firm.

Lottery

Camelot, the company that runs the National Lottery, will this week reveal that annual sales have risen for the first time in six years.

Royal Mail

The Royal Mail will face fines of at least £50m following the release next month of annual performance figures that are expected to show a sharp deterioration in the punctuality of its deliveries.

SUNDAY TIMES

Austin Reed

Shami Ahmed, the retail entrepreneur, has sold his 9% stake in Austin Reed, the struggling menswear chain, to boutique investment firm Dawnay Day. The move will increase speculation that Dawnay is preparing a bid for the retailer.

BAE Systems

BAE is considering selling Britain‘s premier warship and submarines business in a move that could clear the way for a merger with an American defence group.

Interest rates

Interest rates in Britain need to rise, and the current low inflation figure of 1.1% will not stop the Bank of England from raising them, according to Paul Tucker, a member of the Bank‘s monetary policy committee.

Tesco

Bosses at Tesco, Britain‘s No 1 supermarket, have said they may scrap plans to open in China if they cannot agree a deal to enter the country by next year.

WH Smith

WH SMITH shareholders have given a cautious thumbs-up to the £940m takeover offer from Permira.

SUNDAY EXPRESS

WH Smith

Retail entrepreneur Tim Waterstone is putting together a £1bn bid for newsagent WH Smith that would knock venture capitalist Permira out of the reckoning.

Eurotunnel

Embattled cross-Channel rail operator Eurotunnel is poised to appoint investment banker Lazard as an adviser to help restructure £6.4bn of debts.

THE BUSINESS

Kingfisher

B&Q, the UK's DIY giant owned by Kingfisher, wants to shed its blokey image to attract more female shoppers and has appointed senior Tesco executive Anna Shanley to look at how it can tap into the market.

Telecoms

China is to deliver a blow to the West's mobile phone makers by shelving plans to develop a £45bn third-generation (3G) network. It would be a serious blow to Nokia and Motorola.