Unlock Premium Data: Up to 50% Off InvestingProCLAIM SALE

PRESS DIGEST- British Business - July 4

Published 04/07/2019, 10:41 am
Updated 04/07/2019, 10:50 am
PRESS DIGEST- British Business - July 4
GOOGL
-
SRP
-
NFLX
-
META
-
GOOG
-
PYPL
-

July 4 (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

Former chancellor George Osborne is preparing a campaign to become the next head of the International Monetary Fund. BBC has set aside 12 million pounds ($15.10 million) to help settle the historical tax bills of presenters being pursued by HM Revenue & Customs despite the BBC's auditor calling the payments "irregular". Guardian

The UK competition watchdog has launched an investigation into the way Google GOOGL.O and Facebook FB.O collect and exploit personal data and have used their power to dominate the 13 billion pound UK digital advertising market. French government has launched a major push to poach British game developers in the wake of Brexit, promising subsidies, tax breaks and loans to creatives who make the move across the Channel. Telegraph

British digital bank Monese has partnered with PayPal Holdings Inc PYPL.O , the U.S. payments giant, as it seeks to broaden its customer base outside the UK to deal with Brexit uncertainty. Inc NFLX.O has sealed a multi-million pound deal to lease a production hub at the historic Shepperton Studios and expand its footprint in Britain. News

Purplebricks, the online estate agency, has confirmed it is pulling out of the U.S. market, just weeks after it took the decision to leave Australia. BA.N has set up a $100 million fund to help families and communities affected by two deadly crashes involving its 737 MAX aircraft. Independent

Serco Group Plc SRP.L has been fined 19.2 million pounds plus 3.7 million pounds in costs over an electronic tagging scandal that saw it charge the public for supervising the movements of people who were dead, in prison or had left the UK. ($1 = 0.7948 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.