British Business - Sept 16
Sept 16 (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 government is coming under pressure from UEFA to scrap a controversial clause that will require the new independent football regulator (IFR) to take into account "foreign and trade policy" when making decisions about club owners and directors.
- The UK will not approve the use of long-range missiles against targets in Russia without the agreement of the United States as Zelenskiy pleads for "decisiveness", The Times has been told.
The Guardian
- Prime Minister Keir Starmer is under pressure from Labour backbenchers and NGOs to distance his government from Italian Prime Minister Giorgia Meloni's hard-right immigration policies on the eve of bilateral talks in Rome.
- Campaigners have urged British finance minister Rachel Reeves to start taxing jet fuel – with a report from a think tank showing that charging duty at the same rate paid by motorists would raise up to 6 billion pounds ($7.89 billion) a year for the public finances.
The Telegraph
- Prime Minister Keir Starmer and his wife Victoria accepted donations towards clothing because there are no taxpayer funds to cover UK leaders' wardrobe costs, Foreign Secretary David Lammy has said.
- Deputy Prime Minister Angela Rayner is facing opposition from Business Secretary Jonathan Reynolds over plans to hand workers full employment rights from day one in a job, amid a growing backlash from bosses, according to Whitehall sources.
Sky News
- US-based investor Sixth Street has emerged as the front runner to buy Legal & General's LGEN.L Cala, in a takeover that will value Cala between 1.2 billion pounds and 1.3 billion pounds.
- Prime Minister Keir Starmer has signalled he is "interested" in exploring the Albania migration plan under which Tirana will accept asylum seekers on Italy's behalf while their claims are processed.
($1 = 0.7606 pounds)
(Compiled by Bengaluru newsroom)
</body></html>Related Assets
Latest News
Disclaimer: The XM Group entities provide execution-only service and access to our Online Trading Facility, permitting a person to view and/or use the content available on or via the website, is not intended to change or expand on this, nor does it change or expand on this. Such access and use are always subject to: (i) Terms and Conditions; (ii) Risk Warnings; and (iii) Full Disclaimer. Such content is therefore provided as no more than general information. Particularly, please be aware that the contents of our Online Trading Facility are neither a solicitation, nor an offer to enter any transactions on the financial markets. Trading on any financial market involves a significant level of risk to your capital.
All material published on our Online Trading Facility is intended for educational/informational purposes only, and does not contain – nor should it be considered as containing – financial, investment tax or trading advice and recommendations; or a record of our trading prices; or an offer of, or solicitation for, a transaction in any financial instruments; or unsolicited financial promotions to you.
Any third-party content, as well as content prepared by XM, such as: opinions, news, research, analyses, prices and other information or links to third-party sites contained on this website are provided on an “as-is” basis, as general market commentary, and do not constitute investment advice. To the extent that any content is construed as investment research, you must note and accept that the content was not intended to and has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such, it would be considered as marketing communication under the relevant laws and regulations. Please ensure that you have read and understood our Notification on Non-Independent Investment. Research and Risk Warning concerning the foregoing information, which can be accessed here.
