Press Digest: British Business - April 21

Link Administration Holdings

21/04/2023 24:55

April 21 (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
    - More than 300,000 investors in former star stock picker
Neil Woodford's equity income fund are to receive about 235
million pounds ($292.20 million) in compensation to cover losses
from when his company collapsed, the Financial Conduct Authority
said.
    
    - Sweden's IKEA will invest $2.2 billion in the United
States over the next three years, its biggest investment in a
single country.

    
    The Guardian
    - British outsourcing company Capita  CPI.L  has for the
first time admitted that hackers accessed potential customer,
staff and supplier data during a cyber-attack last month.
    
        
    The Telegraph
    - The UK Ministry of Defence is locked in a row with a
British engineering company Babcock  BAB.L  over who should pay
for the surging cost of Britain's next-generation warships.
    
    
    Sky News
    - Privately owned company Holiday Extras, which sells
airport transfers and travel insurance, is drawing up plans for
a possible future listing.
    
    - British shopping center owner Hammerson PLC  HMSO.L  is
close to agreeing a deal with France's Unibail-Rodamco-Westfield
 URW.PA  to sell its holding in a joint venture between the two
groups.
    

($1 = 0.8042 pounds)

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