Press Digest: British Business - Dec 21

Purplebricks

21/12/2022 01:26

Dec 21 (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
    Purplebricks Group Plc  PURP.L  the embattled online estate
agent, is making more than 10% of its workforce redundant as
part of a programme due to end two days before Christmas.
   National Health Service Nurses are preparing to announce a
wave of wider-reaching strikes next month as a poll reveals they
have two thirds of public backing.
    The Guardian
    Ryanair  RYA.I   has reached a deal with its pilots in
Ireland that will restore the 20% pay cuts the airline made
during the Covid-19 pandemic.
    Police are to investigate an allegation of racial abuse
after the Guardian revealed  a confrontation in which the Tory
MP Bob Stewart told an activist to "go back to Bahrain". 
    The Telegraph
     National Union of Rail, Maritime and Transport Workers
(RMT) chief Mick Lynch has held secret talks with Network Rail
bosses amid hopes that he will sue for peace in the New Year as
public support for train strikes crumbles.
    Elon Musk is "actively searching" for a new Twitter Inc
chief executive after losing a poll where millions of the social
network's users called on him to quit.
    Sky News
   British lender TSB has been fined 48.65 million pounds
($59.26 million)by regulators for "operational resilience
failings" related to its massive IT meltdown in 2018 that
effectively blocked millions of customers from their accounts
for up to several weeks.
($1 = 0.8210 pounds)
 (Compiled by Bengaluru newsroom)
 ((globalnewsmonitoring@thomsonreuters.com))