Press Digest: British Business - April 6

TORIDOLL Holdings

06/04/2023 24:51

April 6 (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
  
    Governments must impose tighter regulations on pension
schemes, insurers and investment funds to ward off the threat of
a new financial crisis, the International Monetary Fund has
said. 

    AstraZeneca  AZN.L  said a combination of Lynparza and
Imfinzi, two of its important oncology treatments, along with
chemotherapy and Avastin, an existing drug, improved survival,
where the disease has not worsened.   
    
    The Guardian
    
    Talks between Royal Mail and postal workers have ended
without a deal, raising the prospect of further strikes
disrupting the UK's letter and parcel deliveries.  
        
    The owner of Franco Manca and The Real Greek restaurant
chains has agreed to sell the business to the Japanese operator
of Wok to Walk and Marugame Udon for 93.4 million pounds($116.42
million).
    
    The Telegraph
    
    Britain's biggest oil and gas producer, Harbour Energy
 HBR.L , has confirmed plans to axe one fifth of its workforce,
blaming Jeremy Hunt's windfall tax for deterring investment.    
 
    Port of Dover will build temporary marquees to check
passports in a bid to avoid another weekend of Easter travel
chaos after huge queues blighted ferry crossings.   
    
    Sky News
 
    Amazon  AMZN.O  and Microsoft's  MSFT.O  "concerning"
dominance in the cloud services market could require
investigation by the UK's competitions regulator, Ofcom has
said.   

    Conservative MP Scott Benton has been suspended from the
parliamentary party after being caught indicating he would be
willing to break lobbying rules for money.   
    
    The Independent
    
   British Steel is to offer alternative jobs to around 250
workers affected by the closure of its Scunthorpe coke ovens. 
    
    School leaders in England could be balloted again over
strike action after union members overwhelmingly rejected the
Government’s pay offer.


      ($1 = 0.8022 pounds)

 (Compiled by Bengaluru newsroom)
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