Press Digest: British Business - Feb 16

Atari SA

16/02/2018 01:11

Feb 16 (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 
    * The British government has been condemned by National 
Infrastructure Commission, which believes that the government's 
credibility on major projects now rests on making a final 
decision on Heathrow's third runway this summer. http://bit.ly/2Cnajp6 
     
    * Advisory firm Institutional Shareholder Services has told 
investors in Booker Group  BOK.L  to vote against a proposed 3.7 
billion pounds ($5.22 billion) sale of the cash-and-carry 
business to Tesco  TSCO.L . http://bit.ly/2Comd1K 
 
    The Guardian 
    * Airbus  AIR.PA  has taken a new 1.3 billion euro charge on 
its troubled A400M military aircraft programme, taking its total 
losses on the project to 8 billion euro. http://bit.ly/2CnU7UF 
     
    * A number of BBC presenters could be facing bills for 
thousands of pounds in backdated tax after HMRC won a key 
tribunal ruling against Christa Ackroyd, the former presenter of 
the corporation's regional Look North programme. http://bit.ly/2CpCu6D 
         
    The Telegraph 
    * Atari  ATAR.PA  has become the latest company to pivot to 
cryptocurrency, launching a digital coin in a bid to revive the 
gaming pioneer's fortunes. http://bit.ly/2CnPYQt 
     
    * Alphabet Inc's  GOOGL.O  Google has made a move to bulk up 
its cloud business, by agreeing to buy Internet of Things 
software provider Xively. http://bit.ly/2CnQdel 
     
    Sky News 
    * Barclays  BARC.L  is to hand its boss an annual bonus 
worth just under 1 million pounds for last year, even as he 
faces seeing a larger payout for 2016 slashed once regulators 
conclude a probe into his treatment of a whistleblower, 
according to Sky News. http://bit.ly/2CoXiLw 
     
    * British steel pension scheme members have been 
"shamelessly" exploited by "dubious financial advisers", 
according to a report by lawmakers, who have warned of "another 
major mis-selling scandal". http://bit.ly/2CmRwKB 
     
    The Independent 
    * Kanye West has "amicably resolved" a $10 million breach of 
contract lawsuit with insurer Lloyd's of London over the 
cancellation of a scheduled blockbuster concert series in 2016. 
https://ind.pn/2CnMEoF 
     
    * The true extent to which homeownership among young people 
has plummeted has been laid bare by new research. Just 27 
percent of middle-income adults aged between 25 and 34 owned a 
home in 2016, down from 65 percent among the same age group in 
the mid-1990s, the Institute for Fiscal Studies has found.  https://ind.pn/2CpAoDL 
     
  
 
($1 = 0.7090 pounds) 
 
 (Compiled by Bengaluru newsroom) 
 ((globalnewsmonitoring@thomsonreuters.com)) 
 
Keywords: BRITAIN PRESS/BUSINESS