Sunday newspaper round-up: Theresa May, Jeremy Corbyn, Tesla, Yorkshire Water, Sports Direct

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Sharecast News | 02 Sep, 2018

Theresa May was facing a fresh threat to her leadership last night as senior Tories said the man who ran her election campaign is secretly masterminding a bid to destroy her Brexit plan and install Boris Johnson in Downing Street. - The Sunday Times

Short sellers have cut their exposure to Tesla since Elon Musk’s aborted bid to go private, with bets against the company falling to their lowest level in four months. - Sunday Telegraph

Plans to make it easier to remove Labour MPs, fast-track the return of expelled members, and accept supporters of hard-left groups are to be unveiled at the party’s conference, the Observer has learned. - Observer

A leading economist has warned the UK is on course for another crash, a decade on from the financial crisis. Professor Robert Skidelsky is highly critical of economists for not predicting the 2008 global collapse and believes not enough has been done to reign in banks and the City of London over the last decade. - Mail on Sunday

Labour MPs are planning a new vote of no confidence in Jeremy Corbyn — as it emerged that the Labour leader has snubbed the head of MI5 in order to tackle the anti-semitism scandal engulfing his party. - The Sunday Times

Yorkshire Water’s largest investors will reignite plans for a £4bn sale of their stakes in the water supplier even as political pressure threatens to drain investors from the market. - Sunday Telegraph

A 19-year-old Afghan citizen had a “terrorist motive” for allegedly stabbing two Americans at the main train station in Amsterdam, city authorities in the Dutch capital have said. - Observer

Retail tycoon Mike Ashley is facing a showdown with shareholders at Sports Direct’s annual meeting next week – piling yet more pressure on the billionaire as he battles to rescue House of Fraser from administration. - Mail on Sunday

Ford is drawing up plans to axe thousands of jobs and kill off models including the Mondeo in a desperate attempt to revive its struggling European business. - The Sunday Times

Church of England dioceses are abandoning upper age limits for clergy training as they hope to boost numbers by encouraging second careers. - Sunday Telegraph

Aston Martin embarked on a mission so fraught with difficulty last week that James Bond himself might balk at the prospect. The carmaker wants to sell at least 25% of its shares to City investors, valuing it at about £5bn, before Britain leaves the EU next March. - Observer

Online clothing retailer Boohoo could hit sales of £1.5 billion within three years under plans to rapidly expand its business across the globe. - Mail on Sunday

Crossrail needs a further taxpayer bailout and could blow its budget by up to £1bn if it is to open next autumn. It was announced on Friday that the opening of the new east-west London line would be delayed from December until next September. It is thought to need hundreds of millions pounds of extra funds to meet its new deadline. - The Sunday Times

The Pentagon is pulling $300 million of aid to Pakistan in response to what it said was Islamabad's lack of "decisive actions" in support of regional American strategy. - Sunday Telegraph

Homebase is to cut 1,500 jobs as part of a rescue deal that will save the DIY chain from bankruptcy and give it breathing space to recover from the disastrous stewardship of its previous owners. - Observer

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