Monday's newspaper round-up

JJB Sports calls in administrators

Sports retailer JJB is calling in administrators to undertake a potential sale of its assets, leaving thousands of jobs at risk.

Full story: Telegraph

Private equity group behind AA and Saga prepares for possible sell-off

Acromas, created in dying days of boom, appoints Ernst & Young to conduct 'due diligence' of performance and profits, writes The Guardian.

Full story: Guardian

Cable's £1bn pledge

The Government is to provide £1bn of taxpayers’ money to try to help firms struggling to borrow from traditional high street banks, Vince Cable will announce today.

Full story: Telegraph

Advertising agencies 'failing to take advantage of smartphones'

Leading publishers have blamed advertising agencies for failing to capitalise on the smartphone boom.

Full story: Independent

Morrisons prefers own-label to off-the-shelf pension plan

The supermarket group is to sidestep the new auto-enrolment pension regime by setting up a staff scheme that is exempt from the new rules.

Full story: Times (subscription only)