Press Digest: British Business - Aug 16
16/08/2024 05:28
Aug 16 (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
- One of Britain's largest student landlords, Empiric
ESP.L has claimed that its halls will be full for a third
straight year, defying talk of falling university admissions and
enabling it to impose another above-inflation increase in rents.
The Guardian
- UK Foreign Secretary David Lammy is planning an imminent
trip to Israel amid high tensions with Iran, in an attempt to
help avert an escalation of war in the Middle East.
The Telegraph
- A flagship green fuel factory has been scrapped by the
renewable energy giant Orsted ORSTED.CO amid a lack of demand
from customers.
- British finance minister Rachel Reeves has signalled taxes
will still rise despite official figures showing Britain's
"gangbusters" economy grew faster than any other G7 nation this
year.
Sky News
- Private equity firm TPG is among a pack of suitors vying
to buy the easyHotel chain for about 400 million pounds
($514.72 million).
The Independent
- British judge David Neuberger who was condemned for
upholding the conviction of pro-democracy campaigner Jimmy Lai
in Hong Kong has quit a top media freedom panel.
($1 = 0.7771 pounds)
(Compiled by Bengaluru newsroom)
((globalnewsmonitoring@thomsonreuters.com))