Press Digest: British Business - Sept 16

Sixth Street Specialty Lending

16/09/2024 04:25

Sept 16 (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
    - The government is coming under pressure from UEFA to scrap
a controversial clause that will require the new independent
football regulator (IFR) to take into account "foreign and trade
policy" when making decisions about club owners and directors.
    - The UK will not approve the use of long-range missiles
against targets in Russia without the agreement of the United
States as Zelenskiy pleads for "decisiveness", The Times has
been told. 
    
    The Guardian
    - Prime Minister Keir Starmer is under pressure from Labour
backbenchers and NGOs to distance his government from Italian
Prime Minister Giorgia Meloni's hard-right immigration policies
on the eve of bilateral talks in Rome.
    - Campaigners have urged British finance minister Rachel
Reeves to start taxing jet fuel – with a report from a think
tank showing that charging duty at the same rate paid by
motorists would raise up to 6 billion pounds ($7.89 billion) a
year for the public finances.
     
    The Telegraph
    - Prime Minister Keir Starmer and his wife Victoria accepted
donations towards clothing because there are no taxpayer funds
to cover UK leaders' wardrobe costs, Foreign Secretary David
Lammy has said.
    - Deputy Prime Minister Angela Rayner is facing opposition
from Business Secretary Jonathan Reynolds over plans to hand
workers full employment rights from day one in a job, amid a
growing backlash from bosses, according to Whitehall sources.

    Sky News
    - US-based investor Sixth Street has emerged as the front
runner to buy Legal & General's  LGEN.L  Cala, in a takeover
that will value Cala between 1.2 billion pounds and 1.3 billion
pounds.
    - Prime Minister Keir Starmer has signalled he is
"interested" in exploring the Albania migration plan under which
Tirana will accept asylum seekers on Italy's behalf while their
claims are processed.

($1 = 0.7606 pounds)

 (Compiled by Bengaluru newsroom)
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