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PRESS DIGEST-British Business - April 4
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PRESS DIGEST-British Business - April 4
Apr 3, 2025 7:47 PM

April 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

- British healthcare REIT Assura has received a 1.5

billion-pound ($1.96 billion) indicative cash-and-stock bid from

Primary Health Properties ( PHPRF ), above an earlier offer it had

rejected, but below a U.S. consortium's all-cash bid.

- Construction equipment manufacturer J.C. Bamford

Excavators (JCB) said plans for a 500,000 sq ft factory in San

Antonio had been revised since U.S. President Donald Trump

unveiled a 10% tariff on all imported UK goods.

The Guardian

- Britain approved the expansion of London's Luton Airport

on Thursday and granted a development consent order for the

airport's plans to add a new terminal, which will allow

passenger numbers at the capital's fourth busiest hub to jump by

almost 80%.

The Telegraph

- Ireland's data protection commissioner (DPC) is expected

to hit TikTok with a privacy fine of more than 500 million euros

($553.1 million) for illegally shipping European users' data to

China.

- European defence companies are seeking to club together to

form a rival to Elon Musk's SpaceX within months, the head of

the Italian manufacturing giant Leonardo has said.

Sky News

- Accountancy firm MHA is struggling to hit a 125

million-pound fundraising target as part of plans that would see

its shares listed on the London Stock Exchange.

($1 = 0.7635 pounds)

($1 = 0.9041 euros)

(Compiled by Bengaluru newsroom)

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