British Business - Dec 11
Dec 11 (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
- A 300,000 pound ($383,190.00) settlement has been agreed between Shell SHEL.L and Greenpeace after the environmental charity occupied one of the multinational's vessels to protest against its North Sea oil drilling plans.
- The industrial equipment hire company Ashtead Group AHT.L has proposed moving its primary stock market listing to New York, becoming the latest blue-chip company to leave London.
The Guardian
- Britain's Harrods workers from cleaners to shop floor and restaurant staff are set to strike in Christmas week, including during the upmarket department store's key Boxing Day sales, in a dispute over pay and perks.
- Britain's biggest water supplier Thames Water said that all of its funds may be "exhausted" if it failed to secure the emergency funding from its creditors, putting it at risk of temporary nationalisation.
The Telegraph
- UK's Deputy Prime Minister Angela Rayner has been urged to reject Chinese premier Xi Jinping's plans for a London "super-embassy" over fears it would put the public at risk.
- Britain is to build its first full scale carbon capture power station, with construction due to begin next year, following almost two decades of delays.
Sky News
- Sycamore Partners, the private equity firm, is expected to seek separate ownership for Boots if it succeeds in taking Walgreens Boots Alliance WBA.O, its current New York-listed parent, private.
- Royal London, one of Britain's leading financial mutuals is in talks to buy Dalmore Capital, the infrastructure investor which owns a stake in the Thames 'super sewer'.
($1 = 0.7829 pounds)
(Compiled by Bengaluru newsroom)
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