LONDON, Sept 14 (Reuters) - British newspapers reported the following business stories on Sunday. Reuters has not independently verified these media reports and does not vouch for their accuracy.
THE SUNDAY TIMES
YES VOTE TO SPARK PENSION CRISIS AT RBS
Royal Bank of Scotland could face a giant funding gap of up to 5.6 billion pounds ($9.11 billion) in its pension scheme if the country votes to become an independent nation this week.
Many of Britain's biggest companies, including BP and Lloyds Banking Group, would also be affected, with a black hole of about 100 billion pounds opening up in the UK's corporate retirement plans, according to analysis by the investment bank Credit Suisse.
The funding gap could emerge because pension schemes with members in both Scotland and the rest of the UK could be deemed "cross border" after a "yes" vote. Under EU rules, these schemes must be "fully funded" at all times.
PHONES 4U JOBS AT RISK AS CREDITORS CLOSE IN
The future of more than 6,000 Phones 4u workers has been thrown into doubt after the heavily indebted high street chain prepared for talks with its creditors.
The mobile phone seller has hired advisers to restructure its colossal debts. The process could see its private equity owner handing control of Phones 4u to its bondholders.
250 MLN STG PAINT SALE, FARROW AND BALL BRUSHES UP FOR FLOAT
Farrow & Ball could add a splash of colour to the stock market after its private equity owner put the company on the block.
Farrow & Ball is owned by European Capital, which paid 100 million pounds eight years ago. Sources said the company could now be valued at about 250 million pounds.
MICK THE MINER BUILDS UP WAR CHEST
Mick Davis, the former boss of Xstrata, has strengthened his fundraising team as he seeks to top up a $4 billion war chest amassed to launch a mining giant.
PHONE RECYCLER DIALS UP LISTING
A company that recycles old mobile phones is eyeing a 70 million pound stock market float following a fresh round of fund raising from investors. Redeem, based in Falkirk, could list on AIM next year.
SPURS RAIDERS STRIKE FIRST DEAL IN CAPITAL
The club of American businessmen pursuing Tottenham Hotspur has made an early strike on north London, agreeing a deal to fund a 400 million pound development in Islington.
JP MORGAN GIVES UP ON NEW HQ IN CANARY WHARF
JP Morgan is set to scale back its ambitions in London by selling a site in Canary Wharf once earmarked for a new 1.5 billion headquarters.
BONUSES SPARK REVOLT AT DIAGEO
Diageo, the Smirnoff-to-Guinness drinks group, faces an investor rebellion over boardroom pay at its annual meeting this week.