Press Digest: British Business - April 15
15/04/2026 06:02
April 15 (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 - British supermarket group Morrisons said it plans to cut around 200 head office roles as part of a cost-cutting restructuring. - CK Infrastructure Holdings 1038.HK executive director Andrew Hunter said placing debt-laden Thames Water into special administration would be a better outcome than allowing the utility to be taken over by its creditors. The Guardian - Lidl and Iceland have become the first companies to have adverts banned under new UK junk food marketing rules, after regulators cracked down on promotions for unhealthy food on TV before 9pm and online at any time, the Advertising Standards Authority said. - British Culture minister Lisa Nandy has cleared Axel Springer's 575 million pound ($779.99 million)takeover of the Telegraph, paving the way for the end of almost three years of uncertainty over the ownership of the titles. The Telegraph - Amazon.com AMZN.O said it will acquire satellite operator Globalstar GSAT.O for $11.57 billion, bolstering its fledgling satellite business as it tries to catch up with Elon Musk's Starlink. - Labour is on course to lose control in Wales for the first time since devolution, an exclusive poll for The Telegraph revealed. Sky News - South East Water's Chief Executive David Hinton said he will not accept a bonus for the current financial year. - U.S. rapper Kanye West said he was postponing his show in Marseille, France's second-biggest city, until further notice. ($1 = 0.7375 pounds) (Compiled by Bengaluru newsroom) ((globalnewsmonitoring@thomsonreuters.com))