Please see below a round up of this weekend’s newspapers: Inflation expected to fall on Tuesday Another fall in inflation is on the cards on Tuesday. But despite this, the Consumer Prices Index is still expected to be running at well over double the Government’s 2% annual target. Independent forecasting group IHS Global Insight expects inflation to fall from 5% in October to 4.8% in November, and then to fall further to 3.5% by January. Much of this improvement will result from ‘base effects’ as previous rises, such as the rise in VAT to 20% in January, drop out of the numbers. Recent supermarket price wars have slowed food price inflation. However, retail sales figures for November, also due out on Tuesday, will indicate that consumers remain under the cosh. “The best we can hope for is to see a flat picture,” said Chris Williamson, chief economist at Markit. Deutsche Bank analyst George Buckley is predicting a monthly fall off 0.5% in November, following rises of 0.6% in September and October. The Mail on Sunday Trade deficit shrinks in October The biggest fall in Britain’s trade deficit in more than a decade and an easing of inflationary pressure has provided the chancellor, George Osborne, with a double dose of welcome economic news. Figures released by the Office for National Statistics (ONS) showed sharply rising exports, and a decline in exports cut the trade gap from a record £10.2bn in September to £7.6bn in October – the biggest narrowing in a single month since modern records began in 1998. City analysts had been expecting a drop to £9.4bn. Separate figures from the ONS showed that producer prices for manufacturers – which provide an early indication of the degree of inflationary pressure in the economy – eased back in November as oil and commodity prices fell. The Guardian Daily Mail Supermarket price wars fail to revive sales Tesco’s £500m of price cuts, which sparked a chain reaction among its rivals, has failed to revive its UK performance. The supermarket said the volume of products sold had increased, but industry data showed that the average price per item was falling, meaning there was less money going through the tills. Consumer group Nielsen said promotions were running at 37% of grocery sales by value. And PwC said that, with two weeks to go, an average of 12 out of 20 typical Christmas items were on promotion – an all-time high. Chocolates and alcohol remain the most commonly promoted items. The Weekend FT Battersea Power Station hits buffers Battersea Power Station, one of London’s most famous landmarks, is set to be placed into administration this week, sparking a battle among property investors to secure control. Ernst & Young is expected to launch a formal sales process to find a developer for the south west London site, with interest expected to come from Chelsea Football Club, Malaysian property company SP Setia and British developers such as Berkeley and Development Securities. More than £500m of debt is outstanding against the Grade-II listed power station and Irish group Real Estate Opportunities (REO), which controls it, has been unable to strike a deal with a new investor to repay the debt. The power station has been dormant since 1983, but REO recently spent £50m and five years securing planning permission for a £5.5bn scheme with 3,400 new homes and 10m sq ft of commercial space. The Sunday Telegraph Multi-buy ban hits off-trade alcohol sales A study by retail analyst Nielsen found that the amount of alcohol sold in supermarkets and off-licenses in Scotland had dropped since a ban on multi-buy offers was introduced in October. Sales of wine during the first eight weeks of the ban were down by 5% compared with the previous year, while spirits dropped by 3% and beer by 8%. Meanwhile, hospital admissions linked to alcohol have reached a record high, prompting fresh concerns about the harm caused by binge drinking. Hospitals in England admitted 1,173,386 patients for treatment for alcohol-related problems in 2010-11, according to NHS statistics, up 9% on 2009-10. In 2002-03 there were 510,780 such admissions. The Guardian The Independent The Daily Telegraph The Times Portas to push town-centre first approach to retail Retail consultant Mary Portas will next week call for a stronger “town-centre first” policy to redress the balance with out-of-town sites. Her Government-backed review, due out on Tuesday, will argue that retailers should be able to consider out-of-town sites only if town-centre options were not possible.A person familiar with the situation said that Ms Portas had discussed a three-year moratorium on out-of-town sites, but that is thought to have been dropped. Other recommendations are expected to include: axing restrictions on night-time deliveries to high-street traders; and a new tax on out-of-town shopping car parks. More than 14% of town-centre stores are empty, according to figures from the Local Data Company. The Independent on Sunday The Times The Sunday Telegraph The Weekend FT The Mail on Sunday The Observer Pizza Express-backer eyes Mothercare Cinven, the private equity house behind Pizza Express, is assessing a £150m-plus takeover of Mothercare, the ailing mother-and-baby chain. The firm, whose previous consumer investments include Peacocks and William Hill, is believed to be looking at the retailer with a view to making a cash offer for the company. It is known that Cinven has yet to approach Mothercare's board, led by chairman and ex-Whitbread boss Alan Parker, but is understood to be carrying out detailed work on how a possible takeover might be enacted. Sunday Telegraph Admiralty Arch for sale at £75m Admiralty Arch, a building that has occupied a position at the heart of the establishment for 100 years, is on sale to anyone who can raise the £75m asking price. But so strategic is the position it occupies at the head of the Mall, that potential bidders will have to show they can guard it against terrorists who might use its windows to train a gun towards Buckingham Palace. The 147,000 sq ft building at the south-west side of Trafalgar Square is currently being used as government offices, and is spread across a basement, lower ground, ground floor and five upper floors. There is potential for the arch to be developed into a hotel that, given the location, could charge up to £5,000 a night for a room. The Sunday Times Free late bars and Michelin food at Olympics Olympic bosses are to lay on a £20m hospitality package for officials for next year’s Games, with free bars allowed to serve drinks for 18 hours a day and a Michelin-star chef. An elaborate 17,000 sq m glass and aluminium hospitality complex in the heart of the park will be cordoned off from ordinary ticket holders. It has been granted a special licence to enable VIPs to drink alcohol from 7am until 1am. Angela Hartnett, a protégée of Gordon Ramsey, with two Michelin stars, has been appointed creative director of the catering operation. A typical hospitality package with drinks, a buffet meal and Olympic ticket would cost £2,000 a head. Meanwhile, pubs in the capital are angry that they will not get extended opening times. The Home Office, which is in charge of licensing, has said the police believe they will be too stretched to deal with possible unruly behaviour. The Sunday Times Bumper wheat crop eases food security fears Global wheat inventories are heading towards their highest level in more than a decade after a string of bumper crops, the US government has said, easing concerns about agricultural commodities inflation and global food security. The US Department of Agriculture said: “In just one year, the market supply situation has completely reversed from one of extreme tightness to a surplus.” Wheat, together with rice, is the most important crop for global food security. Global agricultural markets have been in the spotlight since the 2007-08 food crisis, when the cost of grains surged to record highs. The Weekend FT Top-level web domains up for grabs The body in charge of internet addresses is throwing open as many as 1,000 new so-called “generic top-level domains” (gTLDs). Starting next month, for a minimum $185,000 fee, companies can ask to be given a ‘.whatnot’ of their own. Carmaker Ford is considering becoming a ‘.ford’, but it is unhappy. There are fears that the costs to businesses around the world could run into billions of dollars in the fight to snag their gTLDs and to deter rival companies or sinister cyber-threats. The Independent Britain leads Germany in household wealth British households are wealthier than their German equivalents, according to analysts at UBS. Net wealth in the UK is almost €375,000 per household, ahead of just over €250,000 for Germany. British households have more housing and financial assets even after allowing for the higher levels of personal debt. Some observers’ view that UK households are financially reckless with debt levels of 100% of GDP, compared with Germany’s 60%, could present a false reading as the debt (which includes mortgages) could actually contribute to wealth in the long term. The Daily Telegraph Euro banks are running out of assets The eurozone banking system is on the verge of collapse as major lenders begin to run out of the assets they need to keep vital funding lines open. Many banks, including some French, Italian and Spanish lenders, have already run out of many of the acceptable forms of collateral such as US Treasuries and other liquid securities used to finance short-term loans and have been forced to resort to lending out their gold reserves to maintain access to dollar funding. The European banking sector’s problems are being exacerbated by a wave of asset sales as lenders look to dramatically shrink their balance sheets. The Daily Telegraph Call to tackle late payment Lloyds TSB, the National Farmers’ Union and the Forum of Private Business (FPB) are among a group of organisations that will this week call on the Government to crack down on a corporate late payment culture that is in danger of “becoming endemic”. Small and medium-sized companies are owed a total of £33.6bn in outstanding invoice payments, according to payment company Bacs, with large companies the worst offenders – often taking more than four months to pay suppliers. The FPB will argue that “small firms will struggle to control cash flow, create jobs and drive economic growth” unless action is taken. An EU directive setting 30 days as the standard payment term and labelling anything longer than 60 days as “grossly unfair” is expected to take effect in 2013. The Sunday Telegraph A-listers fight to save West End cafe A small independent cafe in London's West End, frequented by actors since 1965, is facing closure. Now it has become the subject of an A-list campaign to save it – and a focus for growing discontent over the homogenisation of the high street. This weekend many of the country's best-known performers and writers, including Simon Callow, Vanessa Redgrave, Miriam Margolyes, musician Alex James from Blur and director Mike Leigh, are queuing up for the chance to support Gaby’s Deli in Charing Cross Road by appearing in a series of impromptu cabaret nights. A planning application has been passed for its redevelopment as a chain restaurant. The Observer