Press Digest: British Business - Oct 19

OnTheMarket

19/10/2023 02:27

Oct 19 (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
    - Myenergi, the Grimsby-based green energy technology firm
behind the popular Zappi electric vehicle charger, has raised 30
million pounds ($36.41 million)from selling a minority stake.
    
    
    The Guardian
    - The BT-owned  BT.L  EE is to sell smart TVs, fridges,
kettles and fitness products as it looks to move beyond its
roots in smartphones and enter an e-commerce market dominated by
brands such as Amazon, Currys and Argos.
    
        
    The Telegraph
    - British finance minister Jeremy Hunt is poised to overhaul
how the pensions triple lock is calculated in a move that is
expected to save the Treasury 900 million pounds ($1.09 billion)
a year.
    
    
    Sky News
    - Amazon  AMZN.O  will relaunch its delivery drones in the
UK next year, the shopping giant has confirmed.
    - Property website OnTheMarket  OTMPO.L  's board is set to
recommend a 100 million pound ($121.4 million) takeover bid from
CoStar Group, a major US player in the online real estate
industry.    


($1 = 0.8239 pounds)

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