Press Digest: British Business - Dec 5

Jaiprakash Power Ventures

05/12/2016 01:09

Dec 5 (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 
    * Prudential  PRU.L  has begun a review of its 45 billion 
pounds ($57.05 billion) pension liabilities business in a move 
that could lead to the sale of the division and a potential 
restructuring of the entire company. http://bit.ly/2h8uqRF 
     
    * Royal Bank of Scotland Group Plc  RBS.L  has struck a deal 
to pay about 40p a share to settle claims over its ill-fated 
rights issue in 2008 but has yet to reach settlement with 
thousands of retail investors. http://bit.ly/2gqcZIk 
     
     
    The Guardian 
    * Britain's information commissioner has reopened the file 
on construction industry blacklisting amid fears that the 
malpractice is still taking place. http://bit.ly/2gWjE0y 
     
    * AstraZeneca  AZN.L  has said it will move some back office 
jobs from the UK to Costa Rica, Poland and Malaysia in a drive 
to cut costs following a slide in profits. http://bit.ly/2fZVCNx 
     
         
    The Telegraph 
    * Formula One is locked in a dispute with authorities in 
India over 41.1 million pounds of unpaid Grand Prix fees dating 
back to 2012, according to company documents. http://bit.ly/2g0jPDw 
     
    * The Institute of Chartered Accountants in England and 
Wales (ICAEW), which regulates accountants, said Theresa May 
"should not waste this opportunity to modernise UK corporate 
governance". http://bit.ly/2gq5OA1 
     
     
    Sky News 
    * Sky News has learnt that Greenergy, which claims to 
transport a quarter of the road fuel used in the UK, has been in 
negotiations with the infrastructure group Brookfield for 
several months. http://bit.ly/2h7y2Dl 
     
    * Boris Johnson has outlined the four-point blueprint the 
government wants to achieve when it negotiates the UK's exit 
from the European Union (EU). http://bit.ly/2gWp8WG 
    
     
    The Independent 
    * Boris Johnson has risked igniting a row with Downing 
Street after revealing he believes international students should 
be exempt from the government's immigration figures. http://ind.pn/2fZ1EOm 
     
    * Arron Banks, United Kingdom Independence Party's biggest 
donor and one of the first Britons to meet Donald Trump after 
his election victory, has denied claims he offered a "bribe" to 
a major UK political party in exchange for support for his 
Leave.EU Brexit campaign. http://ind.pn/2g96tYU 
     
     
($1=0.79 pounds) 
     
     
       
     
     
     
     
     
     
 
 (Compiled by Kanishka Singh in Bengaluru; editing by Diane 
Craft) 
 ((Kanishka.Singh@thomsonreuters.com; +91 80 6749 0021;)) 
 
Keywords: BRITAIN PRESS/BUSINESS