Press Digest: British Business - June 19

Tesco

19/06/2026 02:37

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
- EasyJet EZJ.L starts 13 new UK routes, including flights to Egypt, as Britain’s leading short-haul airline hopes to stem winter losses with new services from regional airports.
     
-  The Bank of England left interest rates unchanged amid weaker-than-expected inflation and hopes that the renewed ceasefire between the US and Iran will lead to the reopening of the Strait of Hormuz.
     
The Guardian
- EU’s former chief Brexit negotiator Michel Barnier has said Britain could regain its special terms if it rejoined the EU.
- The City Financial Conduct Authority has closed an investigation into the owner of the Drax power plant after an almost 10-month review into whether the company’s sustainability claims mislead shareholders.
     
        
The Telegraph
- Britain's Labour party has opened the way for Surinder Arora, the hotel magnate, to build Heathrow’s third runway after suggesting that it could be constructed in phases to minimise risk and spread the cost. 
     
- Chief executive of Tesco TSCO.L Ken Murphy said regulation of prices was neither “necessary or desirable” because the sector was already highly competitive.
     
     
Sky News
-  John Paton, who previously chaired the Evening Standard - which has some cross-ownership with The Independent, is stepping down as chairman of Independent Media.
     
     
     

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