Press Digest: British Business - Feb 13

MJ Hudson

13/02/2023 02:41

Feb 13 (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
    The decision by Airbus  AIR.PA  to change the name of
Zephyr, its communications and spy drone programme, to Aalto has
been challenged by a British start-up called Avealto because of
the similarity to its own and also because of what it calls a
change of strategy to target the mobile communications market.
    Emma Pinchbeck, chief executive of Energy UK, urged the
government to scrap April's 20% rise in energy bills, saying
that otherwise "millions more households will fall into debt",
with "disastrous" consequences for consumers and companies.
    The Guardian
    Luxe Lifestyle, a lifestyle company won a 25.8 million
pounds ($31.07 million) government contract for PPE through the
so-called VIP lane after the new Conservative chair, Greg Hands,
was approached by a local Tory activist, new documents suggest.
    The Telegraph
    Luis Gallego, chief executive of International Airlines
Group  ICAG.L , says Britain has fallen behind the U.S. in the
production of green aviation fuels because of government
inaction.
    Sky News
    EY has resigned as auditor of the MJ Hudson  MJH.L  less
than 18 months after being appointed, deepening the crisis at
the stricken asset management services provider.
($1 = 0.8304 pounds)
 (Compiled by Bengaluru newsroom)
 ((globalnewsmonitoring@thomsonreuters.com))