Press Digest: British Business - Nov 13

Victoria

13/11/2023 24:46

Nov 13 (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
    Britain's financial regulator, the Financial Conduct
Authority, has been attacked for being slow to shut down
payments firm Dzing Finance, set up by Michael Strogonov who was
convicted of money laundering.      
    
    Leading proxy shareholder agencies have recommended
investors in Victoria  VCP.L  to vote against accepting its
annual report and accounts. 
    
    The Guardian
    Ikea's parent Ingka Group has bought its second UK shopping
mall in Brighton for an estimated 145 million pounds ($177.31
million). 
    
    The Telegraph
   The Legatum Institute, a think-tank, has warned that Rishi
Sunak's plan to adopt a minimum corporate tax rate will damage
Britain's competitiveness and leave the country drowning in red
tape and extra costs.
      
    Sky News
    An infrastructure investor owned by Schroders  SDR.L  has
become the leading contender to acquire solar farms operator
Toucan Energy, which collapsed into administration exactly a
year ago. 


    ($1 = 0.8178 pounds)

 (Compiled by Bengaluru newsroom)
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