Press Digest: British Business - June 20
20/06/2024 03:34
June 20 (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
- Starling Bank has filed winding up petitions against 24
companies since last month, with many of the businesses that are
being pursued by the lender reportedly showing limited or no
signs of trading activity.
- The Bank of England is expected to leave interest rates
unchanged at its meeting on Thursday for the seventh time in a
row, despite inflation falling back to the UK's official target
for the first time in nearly three years.
The Guardian
- Officials from the GMB are urging staff at Amazon's
AMZN.O Coventry warehouse to "together, vote yes", as
month-long process begins which may result in first union
recognition in UK.
- A former executive of Fujitsu, the company that developed
the Post Office's Horizon IT system, has told a public inquiry
he felt "aggrieved" that what he thought was a "good system" had
been placed into such disrepute by the scandal, and said he
believed that the "real issue" was the way criminal prosecutions
of post office operators had been handled by the state-owned
body.
The Telegraph
- Airlines Ryanair RYA.I and easyJet EZJ.L have lashed
out at a decision by the EU to exclude long-haul flights from
its crackdown on jet emission.
- Names and addresses of hundreds of Horizon scandal victims
have been published on the Post Office website.
Sky News
- Wall Street bank JP Morgan JPM.N is lifting Brussels'
bonus cap for its London-based staff, weeks after rival Goldman
Sachs GS.N fired the starting gun on a post-Brexit era in
industry pay.
- London-listed buyout firm Bridgepoint BPTB.L is closing
in on a takeover of Alpha Financial Markets Consulting (Alpha
FMC) AFM.L , the FTSE-250 specialist consulting firm.
The Independent
- The Telegraph newspaper took a 278 million pounds ($353.5
million) hit last year on a loan withdrawn by its billionaire
owners, the Barclay family, which it said is unlikely to be
repaid.
($1 = 0.7865 pounds)
(Compiled by Bengaluru newsroom)
((globalnewsmonitoring@thomsonreuters.com))