British Business - Nov. 13
Nov 13 (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
- French paper Le Monde said it was part of a joint legal action taken by French papers including Le Figaro, Le Parisien and Les Echos against social media platform X for allegedly using their content without paying, and for violating publishing rights.
- British shoppers faced renewed pressure on their budgets in October after grocery price inflation edged higher for the second month in a row.
The Guardian
- The Post Office plans to close branches, re-franchise crown post offices, and cut up to 1,000 head office jobs in a major cost-cutting move.
- Fortress Investment Group has acquired Curzon cinema chain, including its 16 UK venues, distribution, and streaming services, securing 350 jobs.
The Telegraph
- British Prime Minister Keir Starmer's ex-chief of staff, Sue Gray, will not take up a role as an envoy to Britain's nations and regions, a spokesperson said on Tuesday, marking an end to the government career of one of Downing Street's most powerful insiders.
- British health and beauty retailer Boots' website crashes amid Black Friday sale, leaving shoppers frustrated with online queuing.
Sky News
- Shell SHEL.L wins appeal overturning 2021 Dutch ruling mandating 45% emissions cut by 2030, as COP29 unfolds; climate groups plan possible Supreme Court challenge.
- The British government is to unveil plans for a shake-up of the country's payments infrastructure which will involve the Bank of England being given a more powerful role overseeing it.
(Compiled by Bengaluru newsroom)
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