Press Digest: British Business - Jan 17

MJ Hudson

17/01/2023 24:53

Jan 17 (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
    - Teachers in England and Wales announced they would take
strike action, joining nurses, rail workers and others in
staging industrial action in a further headache for Prime
Minister Rishi Sunak's government.
    - Pharmaceutical companies AbbVie  ABBV.N  and Eli Lilly
 LLY.N  have withdrawn from Britain's voluntary medicines
pricing agreement, the Association of the British Pharmaceutical
Industry (ABPI) said.
    The Guardian
    - Jim Ratcliffe Foundation, a charity set up by the UK's
richest person, Sir Jim Ratcliffe, is being investigated by the
Charity Commission after helping fund a 16 million pounds
($19.53 million) luxury clubhouse for an exclusive French Alps
club.
    - Adidas  ADSGn.DE  has had to deny it appointed a former
Cambodian union leader as its new co-CEO and launched a
Derelicte-style collection of garments pre-worn by factory
workers, as a spoof launch event at Berlin fashion week sent
confusion around the fashion world.
    The Telegraph
    - UK's Culture Secretary Michelle Donelan has accepted
changes to the Online Safety Bill that will make senior managers
at tech firms criminally liable for persistent breaches of their
duty of care to children.
    - London Mayor Sadiq Khan has been accused of manipulating a
public consultation on expanding London's Ultra-low emission
zone (Ulez) after it emerged that more than 5,000 votes were
excluded.
    Sky News
    - Inflexion Private Equity is among the parties which have
approached the asset management consultancy MJ Hudson  MJH.L 
about buying part of its business.
    - Britain's proposed changes to capital rules for insurers
could lead to the government having to bail out policyholders,
as happened 20 years ago after the near-collapse of life
assurance company Equitable Life, the Bank of England said.
($1 = 0.8194 pounds)
 (Compiled by Bengaluru newsroom)
 ((globalnewsmonitoring@thomsonreuters.com))