Press Digest: British Business - Dec 19

Keystone Positive Change Investment Trust

19/12/2024 04:21

Dec 19 (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
    - American activist investor Saba Capital has launched a
campaign to remove the boards of seven UK-listed investment
trusts, including three Baillie Gifford trusts, two Janus
Henderson trusts, CQS Natural Resources Growth & Income and
Herald.
        
    - Unilever  ULVR.L  said it has received an offer for its
Unox, Zwan meat and soup brands from Zwanenberg Food Group.
    
    
    The Guardian
    - Britain's Thames Water will be allowed by water regulator
Ofwat to increase customer bills by around 33% over the next
five years, a far smaller increase than the troubled company had
said was needed.
    
    - Low-cost footwear retailer Shoe Zone has blamed additional
costs from changes to wages, national insurance contributions
(NICs) in October's budget and weakening consumer confidence for
its decision to close stores.
        
        
    The Telegraph
    - British defence secretary John Healey has opened the door
to British troops being sent to Ukraine to help train the
country's soldiers.
    
    - British health secretary Wes Streeting has said that the
government may scrap some NHS targets and give more freedom to
hospital bosses.
    
    
    Sky News
    - Guardian Media Group (GMG) said that The Observer is to
fall under the ownership of Tortoise Media in a binding deal
signed after weeks of controversy about the fate of the world's
oldest Sunday newspaper.

    - Almost 60,000 homes across Hampshire are without water
because of a "technical issue" at a Southern Water supply works,
the company said.
    

 (Compiled by Bengaluru newsroom)
 ((globalnewsmonitoring@thomsonreuters.com))