Santander, Spain's biggest bank, is looking for a UK acquisition to complement Abbey. It is believed to have abandoned the idea of an approach for Alliance & Leicester. - Financial Times
Lord Heseltine, owner of Haymarket Publishing, is urging the magazine industry to raise a levy to help independent retailers sell more of their titles. - The Guardian
Banks will face a wave of claims from customers for a rebate on penalty charges following the Office of Fair Trading ruling that all payments over £12 are unfair. - Sunday Telegraph
The Advertising Standards Authority has ordered Procter & Gamble to amend ads for its Head & Shoulders brand which implied it left users 100% dandruff-free. - The Times
Gap has launched a £300,000 legal action against James Burton, who set up Gap Sports and Gap Sports Abroad in 2004 to run trips for people on gap years. Gap claims his business infringes its trademarks. - Mail on Sunday
Carphone Warehouse is to offer free broadband access as part of its TalkTalk service. It is investing £60m to install its own broadband kit in about 1000 BT exchanges. - Sunday Times
Virgin TV, the rebranded NTL-Telewest, will offer free multichannel TV to subscribers who take up its 'quadruple-play' fixed and mobile telephony, broadband internet and TV services. - Sunday Telegraph.
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