November 30, 2021

PRESS DIGEST-British Business – Sept 21

Sept 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

– Wheaton Precious Metals Corp is planning a secondary listing on the main market in London alongside its existing listings in Canada, where it is based, and in New York. (https://bit.ly/33KL4fZ)

– Former British minister Liam Fox has said the government’s plans to tear up elements of the withdrawal agreement “could not have been more ill thought out”. (https://bit.ly/30bvXvp)

The Guardian

– Britain’s most senior government scientists will make a direct appeal to the public on Monday, warning that the coronavirus trend is “heading in the wrong direction” and “a critical point has been reached.” (https://bit.ly/2FXw2v3)

– Downing Street has taken control of the upcoming review of gambling legislation, due to be launched within weeks, amid a growing appetite for sweeping reform of the industry from Boris Johnson and his closest advisers. (https://bit.ly/2ZWC86l)

The Telegraph

– Calnex, a technology testing company to corporate giants BT Plc and Facebook Inc, is poised to raise 22.5 million pounds ($29.10 million) through a listing on London’s junior market. (https://bit.ly/3mGTLk2)

– British finance minister Rishi Sunak has been urged by Labour to pay furloughed staff to work again part time by subsidising their wages. (https://bit.ly/2HjF2LW)

Sky News

– British ministers are in talks to extend a moratorium aimed at preventing a deluge of company insolvencies amid fears that renewed trading restrictions will tip thousands of businesses beyond the brink of collapse. (https://bit.ly/2FCEj8d)

– Goldman Sachs Group Inc has declined to seek a role on the initial public offering of Darktrace, a leading player in the provision of artificial intelligence (AI) cybersecurity services. https://bit.ly/3kAQ6CQ

The Independent

– The number of coronavirus cases confirmed in the UK has increased by 3,899 in the space of 24 hours – bringing the nation’s total to 394,297 – according to government data. (https://bit.ly/3iPUrkO)

($1 = 0.7732 pounds) (Compiled by Bengaluru newsroom)

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