financetom
Business
financetom
/
Business
/
PRESS DIGEST-British Business - Aug 21
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
PRESS DIGEST-British Business - Aug 21
Aug 20, 2024 10:11 PM

Aug 21 (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

- Nearly 1 billion pounds ($1.30 billion) was wiped off the

stock market value of BT Group after Sky struck a deal

with one of its biggest competitors to supply fibre broadband to

households throughout Britain.

The Guardian

- Rachel Reeves is planning to raise taxes, cut spending and

get tough on benefits in October's budget amid Treasury alarm

that the pickup in the economy has failed to improve the poor

state of the public finances.

- UK citizens travelling to the EU next summer will have to

pay a 7 euro ($7.78) visa-waiver charge after the EU revealed

its timeline for the introduction of new border checks and entry

requirements for some visitors.

The Telegraph

- Labour-run Newham Council is considering legal action

against the government after Angela Rayner gave London City

Airport the green light to fly millions of extra passengers a

year.

Sky News

- A pilot scheme scrapping peak-time ScotRail fares will end

next month following a "limited degree of success".

($1 = 0.8994 euros)

($1 = 0.7677 pounds)

(Compiled by Bengaluru newsroom)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Hong Kong-listed Samsonite plans dual listing in hunt for investors
Hong Kong-listed Samsonite plans dual listing in hunt for investors
Mar 21, 2024
(Reuters) -Luggage maker Samsonite International ( SMSOF ) on Friday said it plans to pursue a dual listing in addition to its listing on the Hong Kong Stock Exchange to increase the liquidity of its shares and reach investors in more markets. Samsonite ( SMSOF ) did not provide details of the exchanges it is considering for the second listing,...
Ecopetrol's Reficar refinery awarded nearly 20% of McDermott common capital, company says
Ecopetrol's Reficar refinery awarded nearly 20% of McDermott common capital, company says
Mar 21, 2024
BOGOTA, March 21 (Reuters) - The Reficar oil refinery belonging to Colombia's Ecopetrol was awarded 19.9% of the common capital in infrastructure firm McDermott in preferential shares by a judge in Amsterdam, Ecopetrol said in a statement on Thursday. The refinery is located in the Colombian city of Cartagena. ...
Oil eases on possible Gaza ceasefire, dollar strength
Oil eases on possible Gaza ceasefire, dollar strength
Mar 21, 2024
SINGAPORE (Reuters) -Oil prices slipped on Friday on the possibility of a nearing Gaza ceasefire that could ease geopolitical concerns in the Middle East, while a stronger dollar and faltering U.S. gasoline demand also weighed on prices. Brent crude futures fell 42 cents, or 0.5%, to $85.36 a barrel by 0203 GMT. U.S. crude futures shed 40 cents, or 0.5%,...
Meta's Instagram down for thousands, Downdetector shows
Meta's Instagram down for thousands, Downdetector shows
Mar 21, 2024
March 21 (Reuters) - Meta Platforms's ( META ) Instagram was down for thousands of users on Thursday, according to outage tracking website Downdetector.com. ...
Copyright 2023-2025 - www.financetom.com All Rights Reserved