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Press Digest: British Business - July 27

PRESS DIGEST-British Business - July 27

- 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

- Frasers Group FRAS.L is exploring ways to install Michael Murray as chief executive of Hugo Boss BOSSn.DE as it attempts to seize greater control over the German fashion house.

- Harwood Capital, one of Pinewood Technologies' largest shareholders, is refusing to support its proposed £545 million ($728.07 million) sale to an American private equity firm Ridgeview because of an “unprecedented” clause in its takeover offer.

The Guardian

- British foreign minister Ed Miliband is to indicate he will put the climate crisis and overseas development at the heart of UK international relations by taking up the country’s seat on the board at the World Bank.

The Telegraph

- A flood of cheap steel from Asia is threatening jobs at British plants, the country's biggest producer, Tata Steel TISC.NS has warned.

Sky News

- Eduardo Saverin, one of the co-founders of Facebook, is among the billionaires who have been approached to join the consortium plotting to acquire a stake in Liverpool Football Club.

- Britain's new prime minister, Andy Burnham, will welcome Ukrainian President Volodymyr Zelenskiy as his first international visitor on Monday, in a move that underscores London's steadfast support for Ukraine.




($1 = 0.7486 pounds)


(Compiled by Bengaluru newsroom)

((globalnewsmonitoring@thomsonreuters.com))

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