Press Digest: British Business - Jan. 9

Sphere Entertainment

09/01/2024 01:11

Jan 9(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
    - British Prime Minister Rishi Sunak overruled the Home
Office over plans to close dozens more migrant hotels, which has
left taxpayers paying 1.5 million pounds ($1.91 million) for
10,000 empty beds.
    
    The Guardian
    - Mark Neate, the Sellafield environment, safety and
security director, is to leave the vast nuclear waste dump in
north-west England later this year.
        
    The Telegraph
    - Madison Square Garden  MSGE.N , Sphere Entertainment
 SPHR.N 's parent company, which proposed building a 300-ft high
Las Vegas-style dome in Stratford, east London, has withdrawn
its plans. 
    
    
    Sky News
    - Barclays  BARC.L  is in the process of removing 5,000
roles from its global workforce as part of a renewed push by
executives to slash costs and improve the bank's profitability.
    - The U.K. government is investigating ways to speed up the
overturning of wrongful convictions of sub-postmasters affected
by the Horizon scandal. 
    
   
($1 = 0.7840 pounds)

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