The top stories in Monday's newspapers:
THE IRISH TIMES
- The paper reports that Theresa May has reshuffled her cabinet amid continuing speculation about her future in Downing Street as the Conservatives attempt to hold on to power with the support of the Democratic Unionist Party. Talks about a confidence and supply agreement between the two parties will resume today in London following discussions in Belfast on Saturday.
- It also says that Leo Varadkar will promote only two new ministers to his cabinet after his expected election as Taoiseach by the Dáil on Wednesday. Sources close to the Fine Gael leader said yesterday he gave assurances to ministers who supported his leadership candidacy that they would not be demoted.
- French president Emmanuel Macron's new party, La République En Marche, is set to take an absolute majority in the national assembly after securing 32.2 per cent of votes in the first round of legislative elections yesterday. That will translate into a majority of up to 440 seats out of 577 in the assembly in the second round next Sunday, the paper says.
- In its business section, the paper reports that construction activity accelerated in May with firms reporting sharp increases in new business and further job creation during the month, according to the Ulster Bank purchasing managers' index for the sector.
- The paper reports that Theresa May faces a showdown with newly-elected Conservative MPs today as the prime minister tries to shore up her position following claims by former chancellor George Osborne that she is "a dead woman walking".
- It also says that Uber's board met yesterday to decide whether co-founder Travis Kalanick should step back, and to determine the future of two close allies, as it considers the findings of a scathing report into the ride-hailing group's culture. Kalanick could go on temporary leave or cede his position as chief executive, sources said, putting the future of the tech industry's most valuable private company on the line.
- The US Federal Reserve is likely to forge ahead with plans to tighten monetary policy this week despite a succession of poor inflation readings as it banks on continued strength in hiring. Fed chair Janet Yellen and her colleagues on the Federal Open Market Committee are widely expected to pull the trigger on a second rate increase this year, the paper says.
- In its Companies & Markets section, the paper reports that the gold reserves of the world's biggest public sector investors reached an 18-year high as they hoarded the precious metal after Donald Trump's election and the Brexit vote added to geopolitical uncertainty. State investors increased their net gold holdings by 377 tonnes to an estimated 31,000 tonnes last year, the highest level since 1999.
- The paper reports that older people are consistently overpaying for health cover by as much as €1,000, citing a new report. There are 2.1 million people with private insurance in Ireland and according to the analysis by Totalhealthcover.ie, at least two out of every five of these policyholders are on dated and hugely overpriced plans.
- It also says that Taoiseach Enda Kenny has heaped pressure on embattled Theresa May in what is likely to be his last major act as Taoiseach. During a 15-minute phone call, Kenny expressed concerns about her bid to prop up the UK government with the DUP amid fears the central role being offered to the party could call into question the "rigorous impartiality" expected from May' administration under the Good Friday Agreement.
- Hundreds of new homes, built to ease pressure for first-time buyers and those hoping to move, are being snapped up by investors, the paper says. One in every seven new homes sold since January 2016 have been bought by "non-occupiers" with investors accounting for a quarter of total house purchases.
- Skellig Michael, off the coast of Co Kerry, has seen a huge surge in visitor numbers, according to the latest figures. New statistics released by the Office for Public Works show that almost 14,700 people landed on the island last year, well above the figure considered sustainable in the Unesco-approved management plan for the island.
- Public sector workers who reject the new €880 million Lansdowne Road pay agreement will miss out on pay increases contained in the deal, union leaders are being warned. The paper says that while the threat is not explicitly contained in the draft document, the government is clear that only those who sign up to the deal can benefit from its terms.
- An IT system for maternity hospitals that came with a €35 million price tag has cost the HSE hundreds of thousands in additional consultancy fees while the final bill is likely to run to millions as 17 more maternity units have yet to the have the system implemented.
- Almost 8,000 claims of adult abuse or neglect have been made to the HSE with the alleged incidences including physical, psychological, financial and sexual abuse of people aged between 18 and 64. All of these claims were made to the HSE last year and it is the first time such figures have been recorded.
- The paper also reports on the discovery of human remains in the Wicklow Mountains, saying gardaí are investigating the discovery in undergrowth on Military Road, Enniskerry, Co Wicklow made by walkers on Saturday evening.