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Press Digest: British Business - August 19

PRESS DIGEST-British Business - August 19

- 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

-Land Securities LAND.L is close to agreeing a deal to buy the Metrocentre in Gateshead, having fended off competition from the likes of Mike Ashley’s Frasers Group and Hammerson, a rival landlord.

The Guardian

-Donors to Andy Burnham gave almost £350,000 over the months before he became Labour leader and prime minister, with major contributors including his former adviser Sacha Lord as well as billionaires David Sainsbury and Gary Lubner.

-Ukraine’s recently dismissed former defence minister Mykhailo Fedorov has called for a wartime presidential election in the most direct political challenge to Volodymyr Zelenskyy since the start of Russia’s full-scale invasion in 2022.

The Telegraph

-Andy Burnham’s push to bring local buses under public control has left the West Midlands with a £30 million bill after the private-sector operator decided to pull out of the region.

Sky News

-Gordon Brothers, the owner of Poundland is exploring a sale of the discount retailer just over a year after buying it in a deal which resulted in the closure of as many as 200 stores.

-One person has died and hundreds have been left ill with food poisoning after a salmonella outbreak, health officials say.

The Independent

-Andy Burnham has been urged to take the UK into the EU’s Migration and Asylum Pact to help tackle small boat arrivals.


(Compiled by Bengaluru newsroom)

((globalnewsmonitoring@thomsonreuters.com))

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