Sunday newspaper round-up: Corbyn, Port Talbot, BHS

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Sharecast News | 25 Sep, 2016

Updated : 19:49

Labour MPS have been forced to run a gauntlet of hard-left activists calling them “traitors” and demanding that they were deselected because of their opposition to Jeremy Corbyn. A group including the “Labour Party Marxists” and Socialist Labour were on Sunday stationed outside the entrance to the party conference in Liverpool demanding that moderates are not allowed to fight the next general election. - The Sunday Telegraph

Tata Steel will start crunch talks with unions tomorrow to break the deadlock over a £15bn pension scheme — the main obstacle to a rescue of Port Talbot steelworks. The Indian conglomerate is understood to have called two days of pension talks to try to secure a merger of its European operations with those of German rival Thyssen Krupp. - The Sunday Times

BHS is poised to make a comeback as an online retailer just one month after the brand closed its last remaining high-street store. The business will be relaunched on Thursday, selling lighting and home furnishing products before adding clothing lines and kitchen and dining ranges over the coming weeks. - Guardian on Sunday

Gambling and financial watchdogs are preparing to clamp down on the booming binary options industry after a surge in fraud complaints against the get-rich-quick trading schemes. Companies have flooded the internet and social media with promises of turning people into successful financial traders. The vast majority are based offshore and are entirely unregulated, making it difficult for anyone who feels misled or defrauded to take legal action. - The Sunday Times

AkzoNobel, one of Europe’s biggest industrial companies, has called for “quick clarity” over the UK’s future relationship with the EU. Ton Büchner, the chief executive of the company, which makes Dulux paint and employs 45,000 people, said staff had sought reassurances about the company’s future in the UK but that he was committed to its existing investments. - Guardian on Sunday

Opposition to the £79bn takeover of SABMiller has grown after another investor in the FTSE 100 brewer said it would stage a protest vote against the deal, raising the stakes ahead of a crunch shareholder meeting this week. Although insiders believe the takeover will be approved by SAB shareholders, some think the vote will not be straightforward. - The Sunday Telegraph

Theresa May plans to unveil a multibillion-pound stimulus package in the autumn statement in an effort to fuel growth in the regions. The prime minister is understood to have instructed the chancellor to upgrade the Northern Powerhouse project, launched by his predecessor George Osborne, with similar schemes across the country. - The Sunday Times

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