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PRESS DIGEST- British Business - Jan 23

Published 23/01/2017, 01:19 pm
© Reuters. PRESS DIGEST- British Business - Jan 23
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Jan 23 (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

Financiers are losing confidence in the economy and one of the country's most closely watched forecasting panels has predicted a three-year grind of slow growth. Investment Management's Andy Brough, One of the City's most influential fund managers, is trying to put Bovis Homes Group Plc BVS.L in play after calling for Berkeley Group Holdings Plc BKGH.L to consider an all-paper merger with its troubled rival. Guardian

Deloitte, the accountancy firm behind the leaked memo that claimed the government had no Brexit strategy, had been working in Whitehall helping to set up David Davis's Brexit department. Prime Minister Theresa May is under pressure to come clean in the House of Commons about the failure of a Trident missile test after MPs accused her of covering up the truth before a crucial parliamentary vote on renewing the nuclear deterrent. Telegraph

Stamp duty is making UK's housing crisis worse by distorting the market and harming long-term development, Christian Ulbrich, global chief executive of Jones Lang LaSalle JLL.N , has warned. of the bidders for the Government-owned Green Investment Bank, Sustainable Development Capital, has backed fresh plans to float the lender rather than complete a controversial sale to the Australian investment bank Macquarie Group Ltd MQG.AX .

Sky News

Agent Provocateur Chief Executive Fabrizio Malverdi is in talks about his future with the lingerie retailer as it progresses an urgent plan to inject new funds into the struggling business. Independent

The UK government has been accused of trying to bury a major report about the potential dangers of global warming to Britain - including the doubling of the deaths during heatwaves, a "significant risk" to supplies of food and the prospect of infrastructure damage from flooding. http://ind.pn/2jQCWpf

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