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News stand: What the papers say

News

The Times

Greenwich Council is to approve the development of land around the Millennium Dome. Plans include 340,000m 2of commercial space, 33,000m 2of shops, 10,000 homes, a school and a hotel. The dome itself will become an entertainment and sports arena.

Jarvis is to change its name to Engenda for its PFI work. The company said the change will provide an umbrella name for joint bids.

Bus company Megabus is to offer tickets from just £1 in a new no-frills service linking cities in England and Wales in a bid to imitate and emulate the success of budget airlines such as easyJet and Ryanair.

Following trials in Scotland and the north of England new services will start in March.

The Independent

Plans for a new £600M deepsea container 'super-port' at Dibden Bay opposite Southampton are to be approved despite the fact that the scheme will destroy one of Britain's most significant and protected waterbird sites. Strong protests are expected from local residents, environmental and conservation groups.

The Strategic Rail Authority came under fire last week for offering to pay spindoctors £480,000 to improve its image. Critics said it should spend the money on improvements in punctuality and services.

The Guardian

The shadow cabinet is showing the first signs of revolt against Oliver Letwin's plan for £18bn worth of public spending cuts.

UK companies are among the worst in Europe for delaying payments, according to an Experian survey exposing the failure of the 1998 legislation designed to curb the problem.

Financial Times

UK companies wait 58 days to pay on average.

A £1.5bn scheme to regenerate the rundown south London area of Elephant & Castle has been approved this week.

The 70ha project involves knocking down the 1960s shopping centre and Heygate council estate, removing roads and constructing a large town square, a part-pedestrianised high street, a market, new shops, a park, a secondary school, a library and more than 5,000 new homes.

The Observer

Five people have been killed and 17 hurt in an accident involving a double decker bus in the centre of Dublin.

The victims were waiting in a queue at a bus stop when it was crushed after the bus mounted a pavement at the Wellington Quay near the Clarence Hotel. The stop had recently been moved to allow construction of Dublin's new light rail scheme.

Climate change over the next 20 years could result in a global catastrophe costing millions of lives in wars and natural disasters.

A secret report, suppressed by US defence chiefs, warns that major European cities will be sunk beneath rising seas as Britain is plunged into a Siberian climate by 2020. Nuclear conflict, mega-droughts, famine and widespread rioting will erupt across the world.

The BBC has paid £250 compensation to a parish council after Top Gear star and Brunel advocate Jeremy Clarkson crashed into a tree in a church car park.

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