Press Digest: British Business - Dec 27

Safestay

27/12/2024 03:40

Dec 27(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
    - UK's Safestay  SSTY.L  is planning to double the size of
its portfolio as the hostel operator seeks to take advantage of
the anticipated boom in the global market.
    
    
    The Guardian
    - UK's postal minister Gareth Thomas has spoken of his
disappointment that Fujitsu  6702.T , the Japanese company
behind the Horizon computer system, has not done more for those
whose lives were ruined in the Post Office scandal.
    
        
    The Telegraph    
    - The UK plans to impose a levy of 70 million pounds 
($87.65 million) a year on tech companies that have more than
250 million pounds in worldwide revenue generated from services
covered by the Online Safety Act for the costs of enforcing new
internet laws. 
    
    
    Sky News
    - The UK government will launch a scheme that will give
grants of 20,000 pounds and upwards to non-profit food
redistribution groups in England.
        
    
    The Independent
    - British officials are said to be bracing for the
possibility that some private schools will close when the policy
to impose VAT on school fees comes into effect in the new year.


($1 = 0.7987 pounds)

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