Press Digest: British Business - Sept 18
18/09/2019 02:27
Sept 18 (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 online supermarket Ocado Group Plc OCDO.L could
start delivering Marks and Spencer Group Plc MKS.L groceries
earlier than its original schedule of next September amid a
boost in retail sales. http://bit.ly/300fJX3
Thomas Cook Group Plc TCG.L cleared another hurdle on the
way to a 1.1 billion pounds ($1.4 billion) rescue deal by filing
for Chapter 15 court protection in the United States. http://bit.ly/306KMkS
The Guardian
Virgin Atlantic has laid out plans to boost its network of
international routes by more than 400% and challenge the
dominance of British Airways at an expanded Heathrow. http://bit.ly/30g2IsB
Tokyo-based Daikokuya Holdings 6993.T pulled the plug on
its Albemarle and Bond business amid concern that its losses
would increase after Brexit. http://bit.ly/309KKYk
The Telegraph
The chief technology officer of Arm Holdings, Mike Muller,
will retire at the end of September, the British microchip
designer said, three years after the company was acquired by
SoftBank Group Corp 9984.T for 24 billion pounds. http://bit.ly/30892SE
British payments technology start-up GoCardless has launched
its online direct debit service in the U.S. and will open a new
office in San Francisco. http://bit.ly/31HGQ6w
Sky News
Andrew Tinkler has told the board of struggling logistics
firm Eddie Stobart Plc ESLE.L that he is interested in bidding
for the firm. http://bit.ly/308aEvG
Credit card interest rates have reached their highest in at
least 13 years, according to personal finance data provider
Moneyfacts, putting shoppers preparing to splash out for
Christmas at risk of higher bills. http://bit.ly/306k0Jn
($1 = 0.8008 pounds)
(Compiled by Bengaluru newsroom)
((globalnewsmonitoring@thomsonreuters.com))