Wednesday newspaper round-up: Tesco, Brexit, bankers' bonuses, Hinkley Point

After helping pensioners to use the internet “over a cuppa” and assisting graduates with polishing their CVs, Barclays is now attempting to boost businesses by offering digital equipment such as 3D printers in some branches. The bank is planning to open up to 20 “labs” this year designed to provide space and high-tech equipment for local businesses, entrepreneurs, universities and schools. – Financial Times

Tesco is planning to take advantage of the fallout from Hutchison’s £10.25bn takeover of O2 with a big push in the UK mobile market, seeking to expand sales outside the tough groceries market. The supermarket, which has had a 50:50 joint venture with O2 since 2003, is aiming to buy the portion of Tesco Mobile it does not already own and secure a long-term deal with Hutchison for capacity on the merged 3 and O2 networks, according to industry sources. – Telegraph

The City of London could be cut off from the EU’s banking markets in the event that the UK quits the union, as regulators on the continent could declare Britain “an offshore financial centre,” top business leaders have warned. If British voters decide to leave the EU in the referendum this June, the country would only have a chance of maintaining access to the single market if European officials were convinced UK regulations were similar to, or tougher than, EU rules. – Telegraph

About a third of homes sold for £1m or more have been paid for in just cash in the last five years, as property millionaires splashed out more than £63bn, according to research. Analysis of Land Registry data from retirement lending advisory firm Bower Private Clients (BPC) is further evidence of the widening gap between the housing haves and have-nots. It says that more than 7,200 properties in this price bracket are being bought a year without a mortgage. – Guardian

Bankers’ bonuses should be withheld for up to a decade to give managers a longer-term view of their business, the new deputy chairman of Barclays has said. Sir Gerry Grimstone said he wanted to move “to a system where a large part of variable remuneration are shares that you hold in the organisation for five years or 10 years”. – Guardian

Glencore was facing fresh questions about its safety record yesterday after an accident at a mine in the Democratic Republic of Congo killed two workers and left five unaccounted for. The tragedy and poor Chinese economic data pushed Glencore shares 18 per cent lower, their second steepest daily fall since the company floated nearly five years ago. Glencore was the worst performer in the FTSE amid a widespread sell-off of mining shares. – The Times

Plans to build an £18 billion nuclear power station at Hinkley Point in Somerset could be halted by the industry regulator over safety concerns, The Times has learnt. The nuclear watchdog is yet to give final approval to the French-led project amid increasing worries about the reactor’s steel dome. “We have to give permission at every level,” a spokeswoman for the Office for Nuclear Regulation (ONR) said. “It could still not go ahead.” – The Times