Press Digest: British Business - June 19

MccollS Retail

19/06/2023 01:21

June 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
    - Airbus  AIR.PA  is promising Britain's first new
helicopter factory in decades, bringing hundreds of new jobs and
billions of pounds of exports if the UK Ministry of Defence
chooses it to build a new generation of helicopters to replace
the UK's ageing fleet of Pumas.
    
    - Unsecured creditors to McColl's  MCLSM.L  are still owed
about 45 million pounds ($57.72 million) after the collapse of
the British convenience store chain.
    
    
    The Guardian
    - European Union (EU) exports of electric cars to the UK
worth 30 billion euros ($32.81 billion) a year will be put at
risk unless the Brexit trade deal is tweaked, representatives of
the sector in Brussels have said.
    
    - Britain's Labour Party has moved closer to ending its
boycott of the Confederation of British Industry (CBI), in an
early sign that steps to rehabilitate the crisis-hit UK lobby
group may be working.
    
        
    The Telegraph
    - Britain's Labour Party Keir Starmer will scrap the ban on
new onshore wind farms as one of his first acts in the UK
government if Labour wins the next election.
    
    
    Sky News
    -  Robotics start-up Karakuri, backed by British online
grocer Ocado  OCDO.L , is on the brink of filing a notice of
intention to appoint administrators.

    ($1 = 0.9142 euros)
    ($1 = 0.7796 pounds)

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