September 2, 2019 / 12:41 AM / a year ago

PRESS DIGEST- British Business - Sept 2

Sept 2 (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

Preventing a repeat of the worst blackout in a decade by running more backup power plants could cost consumers 1 billion pounds ($1.23 billion) a year, the boss of National Grid Plc has warned.

Cuadrilla Resources has apologised to residents after last week's tremor and begun investigating whether it may have damaged homes.

The Guardian

UK's reliance on electricity imports has climbed to a record high amid fears that homes and businesses could face higher energy bills if the UK crashes out of Europe.

Millennials are falling victim to scams involving handing money to fraudsters more than any other age group, according to Lloyds Bank.

The Telegraph

Cobham Plc's British operations are assured according to Advent, the U.S. private equity fund trying to buy the historic aerospace and defence company.

Skills-starved industries have warned that Britain could face an acute worker shortage after Brexit as business leaders urge the Chancellor to tackle the issue at this week's spending review.

Sky News

Finance Minister Sajid Javid has called in 20 of the City of London's most senior figures for talks in an effort to convince a hitherto-sceptical constituency that a no-deal Brexit presents opportunities for the UK financial services industry.

China has told the United States to stop acting like a "school bully" as the two countries imposed further tariffs on each other's goods on Sunday.

The Independent

Ahead of a momentous week in Westminster, Labour party leader Jeremy Corbyn will summon the shadow cabinet for emergency talks to hammer out tactics to prevent a no-deal Brexit.

$1 = 0.8145 pounds Compiled by Bengaluru newsroom

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below