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PRESS DIGEST- British Business - June 29

Published 29/06/2018, 10:11 am
© Reuters.  PRESS DIGEST- British Business - June 29
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June 29 (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

- The Bank of England's chief economist, Andy Haldane, has dismissed Labour's proposals to make the central bank improve Britain's weak productivity growth. The French luxury group LVMH LVMH.PA is cutting ties with Edun, the eco-friendly label founded by Bono and his wife, Ali Hewson. Guardian

- A group of 50 Deliveroo couriers will share a six-figure payout from the takeaway delivery firm in a settlement of an employment rights claim. The UK's population is rising at its slowest rate for 13 years, according to the first official figures from the Office for National Statistics released since the Brexit vote. Telegraph

- Britain's BAE Systems Plc BAES.L has won a 20 billion pounds ($26.15 billion) contract to build frigates that will form the backbone of the Australian navy. The UK's Financial Reporting Council said on Thursday it has begun a probe into Deloitte's audit in 2015 and 2016 of SIG Plc SHI.L . News

- BP Plc BP.L is to pay 130 million pounds to buy Chargemaster, the company behind the UK's largest network of charging points for electric-powered vehicles. Homebase has announced 303 job losses at its store support centre in Milton Keynes, England. Independent

- The Labour party has accused the government of using "rigged" interest rates for student loan debt, costing graduates up to 16,000 pounds in additional repayments. https://ind.pn/2MwpWQw

($1 = 0.7649 pounds)

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