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Press Digest: British Business - July 24

PRESS DIGEST-British Business - July 24

- 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 Gas owner Centrica CNA.L is cutting 1,300 jobs, claiming many of the roles are no longer needed as customers increasingly handle their energy accounts online.

- Segro's SGRO.L chief executive is in line to receive up to £23 million ($30.63 million) should the warehouse landlord’s £14 billion sale to an American rival Prologis PLD.N go through.

The Guardian

- Google GOOGL.O has been fined a total of €890 million ($1.01 billion) by the European Union for breaches of online competition laws by its search and app store services.

- U.S. President Donald Trump is set to impose a fresh wave of tariffs on dozens of U.S. trading partners to replace a 10% global duty that was set to expire early Friday morning.

The Telegraph

- EasyJet EZJ.L boss has called on new British Prime Minister Andy Burnham to relax rules around net zero fuel for airlines.

Sky News

- Britain considered pausing its trade agreement with Israel, having undertaken an impact assessment on suspension last summer.

- Negotiations between West Ham executives and Monarch Collective, an investment vehicle set up to acquire women's sports teams, have hit an impasse after nearly a year of discussions.

The Independent

- Ford F.N is set to bolster its European vehicle offerings through a new joint venture with Chinese automotive giant Geely Auto 0175.HK .



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(Compiled by Bengaluru newsroom)

((globalnewsmonitoring@thomsonreuters.com))

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