British Business - Nov. 18
Nov 18 (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
- The overseas takeover of Royal Mail is set to come under scrutiny from MPs on the newly formed Commons business and trade select committee.
- Online fast-fashion giant Shein is targeting early next year for its 50 billion stg blockbuster float on the London Stock Exchange.
The Guardian
- Big UK businesses are urging the government to stick to current electric car targets as struggling carmakers pile pressure on ministers to relax the rules before industry talks this week.
The Telegraph
- Thousands more investors are seeking to sue Hargreaves Lansdown HRGV.L over Neil Woodford's failed equity fund, claiming the investment platform continued to recommend the product even as it ran into issues.
- The Ministry of Defence (MoD) has completed the first trial-firing of a ship-destroying missile viewed as vital to Britain's ability to combat Russia's navy and air defences.
Sky News
- Cineworld's CINE.D hedge fund backers are drawing up plans for a 2026 stock market listing in the US the company prepares to complete a restructuring of its operations.
- British Prime Minister Keir Starmer has said he will defend the decisions made in the budget "all day long" amid anger from farmers over inheritance tax changes.
(Compiled by Bengaluru newsroom)
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