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PRESS DIGEST-British Business - July 24
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PRESS DIGEST-British Business - July 24
Jul 23, 2024 8:51 PM

July 24 (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

- Britain's biggest student landlord Unite Group ( UTGPF ) is

asking shareholders for an extra 450 million pounds ($579.96

million) to buy and build more halls of accommodation.

- Touchlight, a privately owned British biotechnology

company backed by celebrity and wealthy investors has struck a

DNA manufacturing licence agreement with GSK.

The Guardian

- Britain's King Charles is set for a huge 45 million pound

pay rise with an increase of more than 50% in his official

annual income.

- The UK's NHS's finances are so dire that the whole health

service may break unless it receives a massive cash injection,

Whitehall's spending watchdog has warned.

The Telegraph

- World Aid Convoy, an aid charity in the UK, is under

investigation by the Charity Commission over its alleged links

to a pro-Hamas news agency.

- Prince Williams of Wales has chosen not to reveal how much

tax he pays on the private income he receives from his vast

property portfolio, marking a notable change in approach from

when his father was heir to the throne.

Sky News

- Wegovy, a weight-loss jab, has been approved by the UK's

medicines regulator for use in preventing heart attacks and

strokes in overweight or obese adults.

- British astronaut Tim Peake has said the Boeing test

pilots stuck on the International Space Station (ISS) are in no

danger, despite uncertainty over how or when they will return to

Earth.

The Independent

- Britain's Prime Minister Keir Starmer has suspended seven

Labour MPs after they voted, against the government, to scrap

the two-child benefit cap.

($1 = 0.7759 pounds)

(Compiled by Bengaluru newsroom)

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