Press Digest: British Business - August 27
PRESS DIGEST-British Business - August 27 Aug 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
Macquarie Group MQG.AX dropped KPMG as its new auditor as the firm faces “continued scrutiny” by the country’s parliament.
Paresh Raja, who allegedly plundered Market Financial Solutions for ‘vast sums’, was declared bankrupt in court the year before the company was incorporated.
The Guardian
Meta META.O agreed to significant changes to its Instagram and Facebook apps in a settlement that ended a landmark lawsuit on Wednesday
The Telegraph
Germany is considering offering financial support for Britain’s nuclear deterrent Trident, as it spearheads efforts to reinforce Europe’s nuclear umbrella.
Bill Gates called for parts of the labour market to be marked as “human reserved”, either to shield workers from layoffs or because humans would do the work better.
Sky News
M&G Investments and Schroders SDR.L are among the firms which have applied to manage the latest pot of pension fund money targeting UK tech champions.
The Independent
Supermarket chain Sainsbury’s SBRY.L will provide around 10,000 work experience opportunities for young people in disadvantaged areas, the government announced, as part of efforts to address youth unemployment.
Scottish First Minister John Swinney has demanded “immediate assistance” from the UK Government amid warnings that the latest hike in the energy price cap will leave Scotland facing a “sharp rise” in bills.
(Compiled by Bengaluru newsroom)