British Business - Oct 3
Oct 3 (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
- Starling Bank has been fined 29 million pounds ($38.4 million) by the City regulator for "shockingly lax" controls that left the financial system "wide open to criminals and those subject to sanctions".
- Siemens SIEGn.DE has opened its train manufacturing facility in Goole, Yorkshire, announcing a further 40 million pounds investment in the Goole Rail Village.
The Guardian
- Britain's nuclear waste unit Sellafield will have to pay almost 400,000 pounds after it pleaded guilty to criminal charges over years of cybersecurity failings at Britain's most hazardous nuclear site.
- The BBC has cancelled an interview with Boris Johnson after presenter Laura Kuenssberg accidentally sent the former prime minister her briefing notes.
The Telegraph
- British Prime Minister Keir Starmer has vowed to have a "pragmatic, sensible" relationship with the EU and hold regular summits to develop closer ties.
Sky News
- British catering company Compass Group CPG.L, which counts the Wimbledon tennis championships among its most prestigious contracts, is in talks with its investors about increasing its boss's potential pay package by millions of pounds a year.
- Nigel Blow, a former senior executive at Harrods who had been due to become the company's new chief executive, has now decided to withdraw from the role, a spokesperson for the retail chain announced.
($1 = 0.7547 pounds)
(Compiled by Bengaluru newsroom)
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