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Press Digest: British Business - July 30

PRESS DIGEST-British Business - July 30

- 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

- Britain's energy regulator Ofgem has proposed a clampdown on the surge in data centre projects across the UK amid mounting concern about how much energy they will drain from the electricity grid.

- Britain's Prime Minister Andy Burnham has said he will "open up North Sea oil" for drilling, according to U.S. President Donald Trump, who said it would make Britain "a really rich country".

The Guardian

- BMW BMWG.DE is planning to cut as many as 8,000 jobs in Germany, according to reports, in the latest sign of Europe's largest carmakers reducing costs under pressure from Chinese rivals.



The Telegraph

- Gautam Adani ADEL.NS is believed to be examining an offer for Associated British Ports (ABP) as two Canadian investors seek to sell their stakes.

Sky News

- The former boss of Balfour Beatty BALF.L, the infrastructure group, has been recruited by the government to join the board of the publicly owned British Steel.


(Compiled by Bengaluru newsroom)

((globalnewsmonitoring@thomsonreuters.com))

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