Press Digest: British Business - Dec 9
09/12/2022 24:16
Dec 9 (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
- Britain's Labour Party has said it would revisit the pay
deal handed to NHS staff, insisting that the government should
be "willing to talk" about a higher offer.
- Broker firm Numis Corporation PLC NUM.L has cut staff
bonuses and sounded a warning to the wider investment banking
industry after a slump in dealmaking sent its annual profits
tumbling.
The Guardian
- British finance minister Jeremy Hunt is due to unveil a
30-point package of City policy changes on Friday that will
involve rowing back on regulations in order to boost competition
and growth.
- A "permanent" strike at the factory that makes Jacob's
Cream Crackers and Twiglets has come to an end after biscuit
bosses crumbled and upped a pay deal for workers.
The Telegraph
- Britain's National Grid is on standby to alert households
to cut their electricity usage in the coming days amid a looming
supply squeeze.
- Meta Platforms Inc META.O is abandoning part of its new
European headquarters in Dublin as the Facebook owner reels from
the impact of 11,000 redundancies.
Sky News
- John Laing's CEO Ben Loomes has resigned little more than
a year after it was taken private in a 2 billion pound ($2.45
billion) deal.
- Power supplier Aggreko is planning a 110 million pound
($134.54 million) offer for specialist equipment provider
Crestchic PLC LOAD.L .
($1 = 0.8176 pounds)
(Compiled by Bengaluru newsroom)
((globalnewsmonitoring@thomsonreuters.com))