Press Digest: British Business - August 6

Uber Technologies

06/08/2026 03:17

Aug 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
- London-listed miner Glencore GLEN.L is set to launch a secondary listing in Sydney, raising fresh questions over London's status as the home for global resources companies.
- Google parent company Alphabet GOOGL.O on Wednesday announced a leadership overhaul of its AI division, with AI chief Demis Hassabis leaving his main managerial role. 
     
     
The Guardian
- The judge who approved a rescue plan for the former WH Smith SMWH.L high street business – now named TG Jones – cast doubton the future prospects of the retailer, suggesting there were "very considerable" risks in achieving a turnaround.
- The taxi app company Uber UBER.N and the autonomous technology developer Wayve WYVE.PM have been granted the first minicab licences in London allowing them to offer self-driving taxi rides to paying customers – but with a human safety driver in place, for now.
        
The Telegraph
- John Lewis chair has warned retailers are facing "really tough" trading conditions that threaten to undermine the department store's turnaround.
- Prudential PRU.L, HSBC HSBA.L and Standard Chartered STAN.L, which all make significant sums in Asia, shed nearly £26 billion ($35.01 billion) on Wednesday after reports that Chinese tax authorities had started charging income tax on offshore insurance policies.
     
Sky News
- Investment firm Aurelius has entered exclusive talks to buy Hain Daniels, the European arm of U.S. parent Hain Celestial.
     
     
The Independent
- Betting giant Flutter Entertainment FLUT.N named company veteran and head of its international division Dan Taylor as incoming CEO on Wednesday, succeeding Peter Jackson who said he and the board had agreed it was the right time for new leadership.
     
     
($1 = 0.7427 pounds)

 (Compiled by Bengaluru newsroom)
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