Press Digest: British Business - April 26

MccollS Retail

26/04/2022 01:52

April 26 (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
    
    UK's Financial Conduct Authority is using emergency powers
to prevent financial advisers from disposing of their assets to
avoid paying compensation to former British Steel pension scheme
members who were poorly advised. https://bit.ly/3vdtJv3
    
    McColl's Retail Group  MCLSM.L  warned that a potential
rescue refinancing was likely to wipe out ordinary shareholders
in the company. https://bit.ly/3vLihpN
    
    The Guardian
    
    Unions have called for a commercial and consumer boycott of
P&O Ferries, which is facing a fresh row over crew pay even as
its sailings are set to resume on the Dover-Calais route. https://bit.ly/3Khd7ad
    
    Cat Rock Capital, the largest independent shareholder in
Just Eat Takeaway  TKWY.AS  called to vote out its chief
financial officer and several members of its supervisory board
amid a steady decline in its market value. https://bit.ly/39hnzSm
        
    The Telegraph
    
    UK Brexit Opportunities Minister Jacob Rees-Mogg warned that
the "huge regulatory cost" of Boris Johnson's drive for net zero
will hold back plans for a post-Brexit bonfire of red tape. https://bit.ly/3MtD9Zh
    
    Sky News
    
    Burger King said on Monday it wants to open 200 more
restaurants in the UK over the next five years. https://bit.ly/3rMWCMv
    
    British supermarket groups Asda and Morrisons said they
would cut the prices of essential items in an effort to help
struggling shoppers who are hit by increase in energy bills,
council tax, and national insurance. https://bit.ly/3veaUb8
    
    The Independent
    
    Uber  UBER.N  is launching a service allowing passengers to
book journeys with their pets in the UK. https://bit.ly/3MxXoF5
    
    

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