Press Digest: British Business - July 20
20/07/2023 01:21
July 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
- NatWest NWG.L has come under fire in the City over the
decision by its Coutts private banking business to drop Nigel
Farage as a customer after one institutional shareholder in the
lender said he was "disturbed" by the situation.
- Britain will impose new visa restrictions on five
countries after concerns were raised by MI5 that Chinese spies,
serious criminals and asylum seekers have used them to gain
visa-free access to the UK.
The Guardian
- Oil and gas company BP BP.L has been fined 650,000
pounds after a worker fell to his death through open grating on
one of its offshore platforms.
The Telegraph
- Microsoft MSFT.O has promised to pay Activision ATVI.O
up to $5 billion if its bid to buy the company fails, as the
pair fight to win approval from Britain's competition watchdog.
Sky News
- Motive Partners is on the brink of a 400 million pounds
($517.40 million) deal with Intermediate Capital Group ICP.L
to buy With Intelligence.
- Cake Box Holdings CBOX.L , the London-listed bakery
chain, has received a takeover approach from a privately owned
Australian group.
($1 = 0.7731 pounds)
(Compiled by Bengaluru newsroom)
((globalnewsmonitoring@thomsonreuters.com))