Press Digest: British Business - March 12

Carillion

12/03/2019 01:30

March 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
    
    - A large shareholder in Standard Life Aberdeen Plc  SLA.L 
has questioned the judgment of Martin Gilbert, its co-chief
executive, in taking an additional role advising Revolut, the
controversial financial technology company. https://bit.ly/2tYxzrM
    
    - Shareholders in Superdry Plc  SDRY.L  have been urged to
reject a proposal by its co-founder to return to the retailer's
board amid an increasingly acrimonious top-level dispute. https://bit.ly/2F5rosh
    
    The Guardian
    
    - British MPs have warned Prime Minister Theresa May that
the parliament is ready to seize control of Brexit and push for
a softer version if her deal fails to get through the House of
Commons. https://bit.ly/2UyelVl
    
    - A no-deal Brexit would cost Japanese carmakers in Britain
more than $1 billion a year if 10 percent tariffs were imposed
on trade between the UK and EU, new analysis suggests. https://bit.ly/2HfD4uz
        
    The Telegraph
     
     - UK Prime Minister Theresa May on Monday pleaded with MPs
to "come together" and back a revised version of her Brexit deal
after claiming to have solved the problem of the Northern Irish
backstop. https://bit.ly/2u2F6FO
    
    - Unilever  ULVR.L  has revealed that its former boss Paul
Polman was paid a total of 11.7 million euros ($13.17 million)
for his final year at the company, a combination of his fixed
salary, an annual bonus and long-term incentives. https://bit.ly/2HeRNpN
    
    Sky News
    
     - British insurance and travel specialist Saga  SAGAG.L  
is working with bankers on the possible disposal of Titan
Travel, which offers escorted holidays, and Destinology‎, an
online provider of four- and five-star vacations. https://bit.ly/2J32oFY
    
    - The accounting regulator, the Financial Reporting Council,
(FRC) is to be abolished and replaced by a new "enhanced" body
following a damning review sparked by the collapses of
high-profile companies such as Carillion Plc  CLLN.L  and BHS. https://bit.ly/2TONLdP
    
    The Independent
    
      - At least 900 billion pounds ($1.19 trillion) of assets
have been moved out of the UK by financial firms ahead of
Brexit, a study suggests. https://ind.pn/2Tx7fE7
    
    - British nationals will be prevented from buying new shares
in Ryanair Holdings Plc  RYA.I   after a no-deal Brexit, the
airline has said. https://ind.pn/2u1rRFq

($1 = 0.8883 euros)
($1 = 0.7563 pounds)

 (Compiled by Bengaluru newsroom)
 ((globalnewsmonitoring@thomsonreuters.com))