Please see below M&C Report’s roundup of the weekend press: Power to the parish over pubs and parking Parish councillors are to be given sweeping powers to run local neighbourhoods – including licensing pubs and controlling parking. Local communities will also be able to operate libraries, museums and even deal with low-level anti-social behaviour under “power to the people” plans to be announced tomorrow. The Sunday Telegraph understands that the driving force behind the Coalition’s public services White Paper will be a shift towards “localism” and away from the top-down, “Whitehall knows best”, approach. Senior government sources say this will mean devolving powers as far down as possible – to small bodies such as parish councils and their equivalents. Currently parish and town councils deal only with such minor issues as allotments, public lavatories, pathways, village halls and litter. The proposed extension of their powers would result in groups of residents taking over responsibilities that are now held by bodies such as town halls and county councils. They could rule on licensing hours for pubs and clubs, bring in new traffic restrictions in towns and villages, including speed limits, and run parks and leisure facilities. A Coalition source said: “We want people to be given the green light to take over local services to ensure they are run by the local community, for the local community. We need to end…this way of making decisions from the top down and assuming that Whitehall or county councils know hat best suits individual neighbourhoods. Parish councils can do that.” The Sunday Telegraph Retail profit warnings soar as Dixons CEO warns of two-tier economic recovery The gloom on the high street reached new depths yesterday after a report by Ernst & Young revealed that more profit warnings were issued in the first six months of the year than the whole of 2010. The analysis showed that 26 profit warnings were made by listed retailers – twice as many as were made in 2009 – before the financial crisis had an impact on the economy. The number of general profit warnings rose by 40% in the second quarter of 2011. Alan Hudson, partner and head of restructuring at Ernst & Young in the UK, said: “The spending boost gained from the long run of spring bank holidays, the fair weather and the royal wedding can only provide a temporary fillip to retailers, many of which are burdened with debt and under stress from years of tough trading. The latest figures show that household disposable income is falling 2.7% year on year, with tax rises, benefits cuts and below-inflation wage increases really taking their toll on consumers.” The Sunday Telegraph UK will face 5% price rises in ‘months’ Inflation should stick at a two-and-half year high in figures out on Tuesday, before resuming its relentless climb upwards, economic analysts predict. Data for June is expected to show that for a third month in a row the yearly rise in prices was 4.5%, the steepest rate since October 2008 and more than double the Bank of England’s official 2% target. The impact of sharply climbing food prices, driven up by weather-related disruption, speculation and global demand outstripping supply, is expected to have been balanced by an easing in the speed at which fuel costs are rising. However, the pause in the climbing inflation rate looks likely to be only temporary as the annual rise in prices, as measured by the consumer prices index, should hit 5% within months. The Sunday Telegraph Strike could clear Coke off shelves Coca-Cola could be off shop shelves if 2,000 members of the Unite union who work for its distributor vote to go on strike. This week the union, whose membership makes up half the British workforce of Coca-Cola Enterprises (CCE), is expected to give notice of a strike ballot. The union is understood to be focusing on pay and pensions at the company, which markets, produces and distributes Coke products around the world. A spokesman for CCE said: “Strike action was limited to one site last year. We are not aware of any action this year. Nothing has been communicated to us.” The Mail on Sunday Businesses to tell all about lenders Claims from High Street banks that they are supporting small and medium-sized businesses will come under scrutiny tomorrow when the results of the biggest independent survey into the issues are published. Research firm BDRC Continental was commissioned by the Banking Taskforce to quiz 5,000 businesses. The survey is poised to become a quarterly event. The Mail on Sunday Recession fears as economy shrinks Britain’s economy has shrunk over the past three months, according to City experts, piling more pressure on ministers as they drive through the coalition’s programme of cuts. Economists believe that official GDP figures later this month will reveal that the economy contracted by 0.2% between April and June, after recording growth of 0.5% in the first quarter of the year. Official measures of GDP published by the Office for National Statistics have consistently proved even gloomier than City predictions in recent quarters. The experts’ forecasts will revive fears that Britain will re-enter recession, which is defined as two consecutive quarters of negative growth. The Sunday Times Hotels up for sale A portfolio of about 20 hotels, most of which are run by Intercontinental Hotels Group under brands such as Holiday Inn, could soon be sold. The sites, in Germany, Spain and the Netherlands, are owned by Sitq, a Canadian fund. They will be auctioned by Deutsche Bank and CBRE, a property advisor. Sitq paid £311m in 2006 for them but they are said to be worth much more today. The Sunday Times Ailing retailers could collapse over cost of Christmas stock The cost of stocking the shelves for Christmas may force the collapse of several more high street retailers, a leading accountancy firm has warned. Ernst & Young said retailers who had been “hanging on in there” since the 2008-2009 recession might not be able to build up enough cash to pay for extra stock for the crucial festive season as well as the rent due at the next quarterly payment in September. “We will continue to see a shakeout of those struggling with rising costs, wage inflation and falling consumer spending,” said Adam Hudson, Ernst & Young’s head of restructuring. The Observer, Sunday Spirit split pay deal The chief executive of Punch Taverns will retain his present £675,000 salary even after Britain’s biggest pub company is split into two next month. Ian Dyson, who will assume the same role in the Spirit Pub Company upon demerger on 1 August, will also receive £18,000 of other benefits, 25% of salary in pension contributions plus a bonus of up to 150% of salary. The Spirit prospectus, published yesterday, also appears to confirm that Mr Dyson will step down once Spirit’s operational and strategic issues have been resolved. The Times, Saturday MPs to question Heineken over pensions promise MPs are to investigate claims that Heineken broke its promise to Scottish & Newcastle pensioners after buying the company in 2008. The Business, Innovation & Skills Select Committee is to examine the dispute as part of its inquiry into takeovers of British companies. Senior Heineken executives, including the chief executive Jean-Francois van Boxmeer, could be asked to appear before the committee as part of its inquiry, which were triggered by Kraft’s controversial takeover of Cadbury. The Labour MP Ian Murray, a member of the committee, said: “[We do] expect the top brass to come along.” The committee is smarting from the snub of Kraft’s chief executive Irene Rosenfeld, who declined to give evidence. The Times, Saturday Report claims Von Essen accounts were falsified A formal report documenting alleged fraud at Von Essen Hotels has been submitted to City of London Police by the collapsed company’s leaders and administrators, The Times has learnt. The report is understood to claim that senior management at Von Essen, which was founded by the colourful entrepreneur Andrew Davis, used falsified accounts to draw down cash under its banking facility with Lloyds Banking Group and Barclays. It alleges that false information was also used to draw down part of a £30m hotel capital expenditure facility. It questions why a sum of £10m was diverted to a project to build a hotel at London Heliport that was separately owned by Mr Davis. The Times, Saturday VAT rise nets Treasury an extra £13bn The Treasury raked in far more than expected last year from the rise in VAT, the spending watchdog revealed yesterday. Receipts from the sales tax jumped by £13.2bn to £90.3bn in the 12 months to the end of March 2011, according to the National Audit Office. That was £2.6bn or 25% more than expected by Chancellor George Osborne – and showed how hard-pressed shoppers are helping to cut Britain’s mammoth deficit. The Daily Mail, Saturday High St hopes for new signs of recovery The health of the High Street will be in the spotlight next week, as a crop of clothing retailers including Marks & Spencer, ASOS, Burberry, SuperGroup and Associated British Foods, the owner of Primark, give trading updates. The slew of results will give an indication of just how bad – or good – things really are in the light of the recent high-profile collapses. Marks & Spencer is forecast to have fared better than some rivals due to its slightly older, more affluent customers. The Daily Mail, Saturday Heinz going down tubes with soup Heinz has broken with more than 100 years of tradition to launch its first instant soup. Its Squeeze and Stir is a puree that the food giant hopes will strengthen its grip on the £532m-a-year soup market. Heinz accounts for 64% of the UK’s tinned soup sales. The Daily Mirror, Saturday Factory gate prices threaten UK inflation British factories raised their prices at their fastest rate in more than two and a half years in the 12 months to June, official figures showed, raising worries about the impact on the UK’s headline inflation. Output prices – those charged by manufacturers for products – rose 5.7% in the year to June, up from 5.4% in May and the fastest rate since October 2008, according to the Office for National Statistics. The pick-up in pace was driven by food prices, which increased 8.9% over the year. The Daily Telegraph, Saturday Pub ban for town’s mayor A mayor has been banned from almost every pub in his town after a long-running row with a landlord. Teesdale Pub Watch imposed a 12-month ban on Tony Cooke, mayor of Barnard Castle, Co Durham, for allegedly being rude to staff at the Beaconsfield pub in a dispute about the way to make a sandy. The Independent, Saturday