Press Digest: British Business - April 16
16/04/2019 01:16
April 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
Regus owner IWG Plc IWG.L said it had sold its Japanese business to TKP Corp 3479.T ,
under which the Tokyo-listed company paid 320 million pounds ($419 million) in cash for 130
co-working centres. http://bit.ly/2UYBEeB
Britain has become the most attractive hunting ground for global companies to make
acquisitions for the first time in at least a decade, according to a study of senior managers'
dealmaking intentions. http://bit.ly/2PklZ4d
The Guardian
Not a single 'rogue landlord' has been issued with one of the government's new banning
orders, a year after the power in the battle to root out Britain's worst rental property owners
was launched. http://bit.ly/2UYGI2I
More than one in five post offices could disappear over the next 12 months as the often
self-employed postmasters struggle to earn a living amid lower wages and falling customer
demand. http://bit.ly/2vcm3tb
The Telegraph
A recent collapse in global trade is the worst since the financial crisis and as steep as
during the recession of the early 2000s, according to new figures from the Dutch government. http://bit.ly/2V1vOZS
The family behind Hill, one of the UK's largest privately owned housebuilders, picked up
dividends of more than 3 million pounds last year as growth soared. http://bit.ly/2V6fkQs
Sky News
Volkswagen AG's VOWG_p.DE former boss and four others have been indicted on charges of
fraud and unfair competition over the carmaker's manipulation of diesel emission tests. http://bit.ly/2UYIq3T
Foreign Secretary Jeremy Hunt has told Japan's prime minister that Britain is determined to
avoid exiting the European Union without a deal. http://bit.ly/2V2phye
The Independent
HSBC Holdings Plc's HSBA.L mobile banking app crashed on Monday, leaving thousands of
customers locked out of their accounts. https://ind.pn/2KHoM8J
($1 = 0.7634 pounds)
(Compiled by Bengaluru newsroom, Editing by Rosalba O'Brien)
((globalnewsmonitoring@thomsonreuters.com))