Press Digest: British Business - August 12
PRESS DIGEST-British Business - August 12 August 12 - 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
- Bellway BWY.L, one of Britain's largest developers, has urged the government to bring back Help to Buy and cut stamp duty to stimulate a moribund housing market.
- Arla Foods, a large dairy co-operative which supplies Britain's largest supermarkets, has warned that a shortage of skilled young workers threatens Britain's food security.
The Guardian
- Households living near new power pylons will have £250 a year taken off their energy bills as the UK government prepares to push ahead with more than 40 grid upgrade projects across the country.
- Richard Tice, deputy leader of Britain's right-wing Reform UK party, has been accused of using "nasty tactics" in an attempt to intimidate journalists and deflect attention from his own financial affairs after issuing a legal threat to the Guardian.
The Telegraph
- Britain has paid record sums to buy electricity from Europe this summer as low river levels force nuclear power stations to power down across the continent.
- British Prime Minister Andy Burnham has said middle-class families should "play their part" by accepting asylum seeker accommodation near their homes.
Sky News
- The Lewis family, which controls Tottenham Hotspur Football Club, is vying with the Premier League side's former chairman to win control of a new European basketball league's $1 billion London franchise.
The Independent
- UK's Southern Water is pushing for a rare drought order which would ban the filling of non-domestic swimming pools as temperatures rise to 33 degrees Celsius on Wednesday.
(Compiled by Bengaluru newsroom)