PRESS DIGEST - British business - June 17
SENIOR BANKER SAYS REFORMS MAY BE INSUFFICIENT
Standard Chartered (STAN.L) finance director Richard Meddings has warned that George Osborne's banking reforms will not do their job unless the Financial Policy Committee is prepared to intervene directly to stop markets overheating.
BBC APOLOGISES TO PRIMARK (ABF.L)
The BBC will make an on-screen apology to high street retailer Primark after it found a Panorama programme had "more likely than not" used fake footage of child labour in an episode about the chain's working practices.
DEATH KNELL FOR UK TRAIN INDUSTRY
The future of what is left of the British train manufacturing industry is in grave doubt after the Department for Transport awarded a 1.5 billion pound contract for 1,200 new carriages to Germany' Siemens (SIEGn.DE).
MULBERRY (MUL.L) EXPANDS UK FACTORY
British luxury brand Mulberry is expanding its Somerset factory after demand for its Alexa and Bayswater handbags saw annual profits more than quadruple.
DANNY ALEXANDER WARNS ON PENSIONS
Public-sector workers risk even bigger cuts in their gold-plated pensions if they go ahead with strikes and reject government plans for reform, Danny Alexander warns.
(Summary compiled by Reuters)
- Tweet this
- Share this
- Digg this