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Press Digest: British Business - October 22

PRESS DIGEST-British Business - October 22

- 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

  • National Express owner Mobico Group MCG.L said it was considering a £282 million ($377.43 million) takeover bidfrom Spain's Autobuses de Leon.

  • Canadian pension ​funds OMERS and Canada Pension Plan Investment Board agreed to sell their combined stakein Associated British Ports to Australian infrastructure investment firm IFM Investors.

The Guardian

  • The UK government approvedthe Jackdaw gasfield project in the North Sea, ending years of legal and political wrangling.

  • Energy secretary Miatta Fahnbulleh is minded to rejectthe proposed Rosebank oilfield.

The Telegraph

  • Bank of England Governor Andrew Bailey warnedthat the artificial intelligence industry's high levels of borrowing could pose risks to financial stability.

  • Magazine Our Dogs has shut down operations,citing plans by the Royal Kennel Club to launch a rival publication

Sky News

  • Online gambling group BetGoodwin is exploring a London stock market listing, which could value the company at roughly £80 million.

  • David Kogan, chair of the Independent Football Regulator, is set to address clubs in the English Football League as talkscontinue over a financial redistribution deal with the Premier League.

The Independent

  • British Prime Minister Andy Burnham demandedimmediate improvement in Royal Mail's performance, warning that the government might pursue further action.

($1 = 0.7468 pounds)



(Compiled by Bengaluru newsroom)

((globalnewsmonitoring@thomsonreuters.com))

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