Dec 16 (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
- Newcastle airport is planning to sell 49% shareholding
owned by Infrabridge for as much as 1 billion pounds ($1.26
billion) and Saudi investors are tipped as the front-running
bidders.
- Tata Steel has struck its maiden "green steel"
deal with construction equipment manufacturer J.C. Bamford
Excavators as it pushes ahead with the decommissioning of its
blast furnaces.
The Guardian
- Britain has announced 50 million pounds ($63.11 million)
of humanitarian aid for vulnerable Syrians across the Middle
East after the overthrow of Bashar al-Assad's regime.
- The UK home secretary, Yvette Cooper, has admitted the
government has a "complex arrangement" with China because of the
need for economic cooperation, against the backdrop of the
exclusion of an alleged Chinese spy with links to Prince Andrew.
The Telegraph
- TalkTalk is to cut hundreds of jobs as the debt-laden
broadband company scrambles to strip out 120 million pounds
($151.46 million) in costs.
Sky News
- Partners at the UK's fifth-biggest accountancy firm Grant
Thornton have voted to back the sale of a majority stake to
Cinven, the private equity firm.
- British Prime Minister Keir Starmer will announce a new
green energy deal with Norway to boost growth and protect
against spikes in international energy prices like those seen
when President Vladimir Putin invaded Ukraine.
The Independent
- UK high street retailers have been accused of recruiting
young workers as store assistants without basic employment
rights over the busy Christmas period.
- The British government has approved Czech billionaire
Daniel Kretinsky's 5.3-billion-pound ($6.69 billion) takeover of
Royal Mail owner International Distribution Services.
($1 = 0.7923 pounds)
($1 = 0.9517 euros)
(Compiled by Bengaluru newsroom)