Press Digest: British Business - October 19

eBay

Mon 04:13

Oct 19 (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
Football tech firm Rezzil has raised $10 million from investorsincluding Sunderland's Jobe Bellingham and golf putting coach Phil Kenyon.

The Bank of England governor Andrew Bailey has said he is worried people could be “misled” about who is responsible when AI agents mishandle financial transactions, as he called for regulators to get a better grip on the concerns.    
     
The Guardian
Greater Manchester councillors will investigatea £55 million ($73.32 million) loan to Manchester City’s Abu Dhabi owner as part of a review into a fund for housing projects while British Prime Minister Andy Burnham was mayor.

Andy Burnham is planning to finepassengers up to £100 for playing loud music on public transport.
     
The Telegraph
Microsoft MSFT.O has pulled out of an Essex data centre deal in a blow to British company Nscale’s plans for a multibillion-dollar listing.
British finance minister John Healey is considering plansto charge income tax on transfers of  family businesses to the next generation.
     
The Independent
eBay EBAY.O UK’s head said that British finance minister John Healey's proposed VAT reformson online marketplaces could unfairly hurt small British enterprises and urged safeguards to protect them.
     
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 (Compiled by Bengaluru newsroom)
 ((globalnewsmonitoring@thomsonreuters.com))