Press Digest: British Business - June 12
PRESS DIGEST-British Business - June 12 June 12 (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
- Britain's Heathrow has warned that proposals to limit the airport's investment plans could weaken the UK's competitiveness.
- Court records show that a notice of intention to appoint an administrator has been filed by Ardmore Construction Group, casting a doubt on the future of multiple London building schemes.
The Guardian
- The chief executive of BT BT.L, Allison Kirkby, saw her pay and bonus package more than double last year to £5.6 million.
- The European Central Bank has raised interest rates for the first time since 2023 in response to higher inflation caused by the war in Iran.
The Telegraph
- Britain should stop building wind farms because the country has too much electricity, the UK boss of EDF Energy Simone Rossi.
- The UK's accountancy watchdog is to investigate the auditors of Market Financial Solutions that collapsed amid allegations of fraud earlier this year.
Sky News
- Europe's largest airline Ryanair is being investigated by the UK's competition watchdog over its policy of charging parents to sit with their children
(Compiled by Bengaluru newsroom)