Press Digest: British Business - Feb 6

Catalent

05/02/2024 23:53

Feb 6 (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
    - The group director of human resources at Marks & Spencer
 MKS.L  has joined calls for an overhaul of the apprenticeship
scheme as businesses urge the government to prioritise skills
over tax cuts in the budget next month.
    
    The Guardian
    - The British electric vehicle maker Arrival  47K0.F  has
collapsed into administration – putting 170 jobs at risk – just
three years after it was valued at more than $15 billion.  
    - The explosion in demand for the weight-loss drug Wegovy
has led to Novo Nordisk  NOVOb.CO  buying U.S.-based drugmaker
Catalent  CTLT.N  for $16.5 billion to increase capacity.  
    
    Sky News
    - Blackstone  BX.N , the private equity behemoth, is in
talks to buy Winthrop Technologies, a major constructor of data
centres in a deal that would underline shifting trends in the
global economy.
    - Snap Inc  SNAP.N  said it would shed about 10% of its
workforce - around 530 employees - with most of the roles
expected to go in the first quarter.

    

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