Press Digest: British Business - November 11

Space Exploration Technologies

Yesterday 05:31

Nov 11 (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
     - BT BT.L will wait to launch its broadband partnership with Elon Musk's Starlink until concerns over the satellite operator's role in Ukraine have eased, CEO Allison Kirkby told the Financial Times.
- British counterterrorism police have arrested a senior member of the US Army over allegations of espionage relating to Russia.
     
     
The Guardian
     - A US judge on Tuesday allowed US President Donald Trump's $10 billion defamation lawsuit against the BBC over a documentary about the January 6 Capitol attack to proceed.
     - Britain's proposed social media ban for under-16s could be expanded to include platforms such as YouTube Kids and Lego Play that had been expected to be exempt.
     
        
The Telegraph
     - British cloud provider Nscale is considering postponing a planned $35 billion IPO until next year after a global tech rout weighed on market sentiment.
- The US Pentagon has moved at least a dozen aircraft from a British air base following Iranian threats against US military facilities.
     
     
Sky News
     - Payments app Zilch has secured has secured £165 million  ($220.23 million) in additional financing, taking its total debt facilities to nearly £400 million ahead of a potential London listing.
- Poundland has secured about £10 million in additional funding after investor Gordon Brothers agreed to unlock cash held by the retailer.  
     
     

($1 = 0.7492 pounds)

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