Join +750K new investors every month who copy stock picks from billionaire's portfoliosSign Up Free

PRESS DIGEST- British Business - Dec 11

Published 11/12/2018, 12:19 pm
Updated 11/12/2018, 12:20 pm
© Reuters.  PRESS DIGEST- British Business - Dec 11
KGF
-
ABDN
-
SDRY
-

Dec 11 (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

- Prime Minister Theresa May abandoned attempts to get her Brexit deal through parliament on Tuesday, pledging to go back to Brussels and seek further "reassurances" on the Northern Ireland backstop. The Crossrail line through London has been handed a bailout worth up to 2.2 billion pounds ($2.80 billion) amid warnings that the rail scheme could be delayed for two years. Guardian

- Superdry Plc SDRY.L co-founder Julian Dunkerton has stepped up his campaign to return to the fashion retailer by voicing his concerns over the company's direction in a City stockbroker note. The sharp slowdown in European Union migrant workers coming to Britain has pushed the hiring needs of the National Health Service and the wider public sector to the highest levels in seven years, according to a poll of 2,102 employers across nine different industry sectors by the recruitment firm ManpowerGroup. Telegraph

- Australian pensions giant AMP has agreed to buy the UK's Care Management Group, which caters to people with severe learning disabilities in a deal worth hundreds of millions of pounds, reflecting renewed investor interest in the social care business sector. British energy regulator Ofgem confirmed that One Select had ceased trading, becoming the third energy supply company to go bust since the watchdog vowed to toughen up on new entrants to the energy market only three weeks ago. News

- Royal London, one of Britain's biggest financial services mutuals, will this week name a board member of the asset management giant Standard Life Aberdeen Plc SLA.L as its next chairman. Billionaire Vijay Mallya should be extradited from UK to India to face fraud charges over the collapse of Kingfisher (LON:KGF) Airlines, a court in London has ruled. Independent

- The pace of UK economic growth slowed to 0.4 percent in the three months to October, the Office for National Statistics said on Monday. https://ind.pn/2L8GazS ($1 = 0.7857 pounds)

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.