SPY443.91+0.73 0.16%
DIA347.87+0.31 0.09%
IXIC15,047.70-4.55 -0.03%

PRESS DIGEST-British Business - Sept 2

PRESS DIGEST-British Business - Sept 2

reuters.com · 09/01/2021 20:24
PRESS DIGEST-British Business - Sept 2

- 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 has hired Huw Pill, a Goldman Sachs veteran and a senior lecturer at Harvard Business School, as its new chief economist. https://bit.ly/3kItWAd

- KPMG is to face a disciplinary tribunal after it was accused of giving "false and misleading information" to Britain's accounting watchdog in connection with its audits of Carillion, the collapsed construction group, and another outsourcer. https://bit.ly/3mR3VBr

The Guardian

- UK brands including Primark, Next Plc NXT.L and JD Sports Fashion Plc JD.L have yet to sign up to a new deal designed to protect garment workers in Bangladesh. https://bit.ly/3DFpYAL

- Alphabet Inc GOOGL.O owned tech firm Google appeals against a 500 million euro ($591.95 million) fine imposed by France's antitrust watchdog after a dispute with local media about paying for news content. https://bit.ly/3DHDX9c

The Telegraph

- Amazon.com Inc AMZN.O plans to defy worker shortages with a renewed commitment to the UK by creating about 2,000 new jobs as part of the 55,000 new positions global recruitment spree. https://bit.ly/2YkswEv

- British treasury civil servants will be allowed to permanently work from home for most of the week. https://bit.ly/3kKisfw

Sky News

- JoJo Maman Bebe Ltd to raise prices as shipping costs surge, the baby goods retailer said shipping costs had quadrupled in the past 18 months. https://bit.ly/2YnTds1

- J D Wetherspoons Plc JDW.L to suffer shortages as supply of some beers runs low, the pub chain said the issue affected Carling and Coors brands. https://bit.ly/3kEz0oY

The Independent

- Royal Dutch Shell plc RDSa.AS has announced plans to install 50,000 on-street electric charging points in the UK by 2025. https://bit.ly/3mTuBRW

($1 = 0.7262 pounds)

($1 = 0.8447 euros)

(Compiled by Bengaluru newsroom)