Press Digest: British Business - Sept 21
21/09/2023 01:53
Sept 21 (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
- Andy Bird, chief executive of Pearson PSON.L , is leaving
after less than three years in the role, having overseeing the
education group's shift away from textbooks towards digital
services.
- Finsbury Food Group FIF.L is set to be acquired by DBAY
Advisors, an asset management company based in the Isle of Man,
at a price of 143.4 million pounds ($176.70 million).
The Guardian
- The Confederation of British Industry, one of the UK's largest
business lobby groups, has shelved plans for a tie-up with
manufacturing body Make UK, telling members it was "confident"
an alternative emergency cash rescue would be found.
- Workers at the Port Talbot steelworks, owned by Tata Steel
TISC.NS , in south Wales will be made redundant within months
as part of a plan to secure its future while cutting thousands
of jobs, unions have warned.
The Telegraph
- The British Labour Party has pledged to reinstate the 2030
deadline for the ban on the sale of new petrol and diesel cars
if it wins the next election.
Sky News
- British Prime Minister Rishi Sunak has confirmed he will be
easing a series of green policies under a "new approach"
designed to protect "hard-pressed British families" from
"unacceptable costs".
($1 = 0.8116 pounds)
(Compiled by Bengaluru newsroom)
((globalnewsmonitoring@thomsonreuters.com))