Press Digest: British Business - April 26

Metlen Energy & Metals SA

26/04/2024 03:52

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
    
    - PwC UK's partners have voted for Marco Amitrano, PwC's
head of clients and markets, to become the firm's new UK
chairman and senior partner.
    
    - BHP  BHP.AX  is set to spin off Anglo American's  AAL.L 
platinum and iron ore mining businesses as part of a deal that
could prove controversial in South Africa.
    
    The Guardian
    
    - Tata Steel  TISC.NS  has rejected a plan by unions to keep
open a blast furnace at the Port Talbot steelworks, ending any
hopes of avoiding as many as 2,800 job losses.
    
    - Shareholders have voted in favour of doubling the pay
packet of London Stock Exchange Group's  LSEG.L  chief executive
to 13 million pounds ($16.26 million) on the same day that fears
were reignited about an exodus of UK-listed firms.
    
        
    The Telegraph
    
    - Greek industrials conglomerate Mytilineos  MYTr.AT  is
considering a multi-billion pound listing in London within the
next 12 to 18 months.
    
    - Communication Workers Union (CWU), which represents postal
workers, is due to speak to Labour Party officials on Friday the
takeover bid for Royal Mail by Daniel Kretinsky.
    
    
    Sky News
    
    - McLaren Group, the British supercar maker and Formula One
team-backer has hit by 375 million pounds ($468.90
million)impairment charge.
    
    - Everest, which has been owned by the prominent financier
Jon Moulton's investment firm Better Capital for more than a
decade, called in administrators this week.
       
    The Independent
    
    - The British government has admitted that a flagship scheme
for recycling drinks bottles and cans has been pushed back to
late 2027.

     ($1 = 0.7997 pounds)

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