November 28, 2016 / 12:50 AM / 3 years ago

PRESS DIGEST- British Business - Nov 28

Nov 28 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy.

The Times

* Tata Steel Ltd is plotting an investment spree that could pump 100 million pounds ($124.7 million) a year into its British steelworks - only eight months after hoisting a "for sale" sign over the former Corus empire.

* Bank of England Governor Mark Carney is working on a secret plan to keep British businesses in the single market for at least two years after the country leaves the European Union.

The Guardian

* About 160,000 UK households are to face higher energy bills in the new year after the collapse of GB Energy Ltd .

* The Equality and Human Rights Commission has written to the UK political parties asking them to tone down their Brexit rhetoric.

The Telegraph

* Ladbrokes Coral Group PLC is reportedly weighing up a bid for Australia's largest bookie, Tabcorp Holdings Ltd in a deal that would cost the betting giant more than 2 billion pounds.

* Clydesdale Bank Chief Executive David Duffy has 'no concerns' on his ability to execute a Williams & Glyn's Bank Ltd IPO-WILL.L deal.

Sky News

* Sky News can reveal that executives from companies including Facebook, Citymapper and Love Home Swap will be appointed to Sadiq Khan's business advisory board.

* Sky News understands that The People's Trust, a new investment trust, will publish its approach to stewardship on Monday with a declaration that performance-related awards should be replaced by shares that form part of executives' basic salary and must be held for at least seven years.

The Independent

* Nigel Farage has announced plans to apologise to the American people on behalf of Britain for criticisms made of Donald Trump during his presidential campaign.

* Nigel Farage has hinted he will back far-right National Front leader Marine Le Pen in next year's French presidential election.

($1=0.80 pounds)

Compiled by Kanishka Singh in Bengaluru; Editing by Marguerita Choy

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below