Press Digest: British Business - August 10

Vertical Aerospace

10/08/2026 03:32

    Aug 10 (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's Heathrow is calling for as much as £9 billion in
additional early funding from passengers to help finance its
third runway project.
    
    - Lloyds Banking Group  LLOY.L  is battling two High Court
claims over alleged failings in relation to a £1.2 billion
lending scam.
     
     
    The Guardian
    - Rating agency Moody's has said the race to adopt AI is
putting big banks at the mercy of a small group of Silicon
Valley firms, leaving them vulnerable to widespread outages and
price gouging by profit-hungry tech bosses.
    
    - Low-paid temporary workers at one of the UK's top courier
businesses DPD have missed out on entitlements to sick pay and
pension contributions, internal documents suggest.
     
        
    The Telegraph
    - Chinese wind turbine maker Ming Yang  601615.SS  banned
from Britain is seeking to overturn the decision by arguing it
can boost Andy Burnham's "reindustrialisation' plan.
     
     
    Sky News
    - Vertical Aerospace, a flying taxi maker is in the process
of raising another $100 million to accelerate its ambition of
delivering mass commercial electric aviation.
    
    The Independent
    As Britain braces for its fifth heatwave, environmental
groups have urged Andy Burnham to refuse permission for oil and
gas production in two areas of the North Sea. 

     
     

 (Compiled by Bengaluru newsroom)
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