Press Digest: British Business - June 9
PRESS DIGEST-British Business - June 9 June 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
- Tate & Lyle TATE.L has agreed to a £2.7 billion cash takeover offer from its U.S. rival Ingredion INGR.N, in a deal that leaves hundreds of jobs at risk.
- Britain's financial regulator has launched civil proceedings against the former star fund manager Neil Woodford and his comeback venture over allegedly providing unauthorised investment advice.
The Guardian
- France and Germany have concluded that the companies involved in building a joint fighter jet will not be able to reach an agreement and have abandoned the project.
The Telegraph
- Nationwide NBS.L CEO Debbie Crosbie saw her pay increase from £2.49 million to £4.70 million for the year ending March 2026 after her bonuses tripled despite concerns about banker-style bonuses at the mutual.
- The Bank of England is pushing Elon Musk's X to crack down on deepfake adverts showing Governor Andrew Bailey fighting Nigel Farage, leader of the Reform UK party.
Sky News
- The British government is piloting the use of artificial intelligence in the crown court, with a raft of new technology projects aiming to deliver improvements across the justice system and tackle the court backlog.
(Compiled by Bengaluru newsroom)