British Business - June 20
June 20 (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 filed winding up petitions against 24 companies since last month, with many of the businesses that are being pursued by the lender reportedly showing limited or no signs of trading activity.
- The Bank of England is expected to leave interest rates unchanged at its meeting on Thursday for the seventh time in a row, despite inflation falling back to the UK's official target for the first time in nearly three years.
The Guardian
- Officials from the GMB are urging staff at Amazon's AMZN.O Coventry warehouse to "together, vote yes", as month-long process begins which may result in first union recognition in UK.
- A former executive of Fujitsu, the company that developed the Post Office's Horizon IT system, has told a public inquiry he felt "aggrieved" that what he thought was a "good system" had been placed into such disrepute by the scandal, and said he believed that the "real issue" was the way criminal prosecutions of post office operators had been handled by the state-owned body.
The Telegraph
- Airlines Ryanair RYA.I and easyJet EZJ.L have lashed out at a decision by the EU to exclude long-haul flights from its crackdown on jet emission.
- Names and addresses of hundreds of Horizon scandal victims have been published on the Post Office website.
Sky News
- Wall Street bank JP Morgan JPM.N is lifting Brussels' bonus cap for its London-based staff, weeks after rival Goldman Sachs GS.N fired the starting gun on a post-Brexit era in industry pay.
- London-listed buyout firm Bridgepoint BPTB.L is closing in on a takeover of Alpha Financial Markets Consulting (Alpha FMC) AFM.L, the FTSE-250 specialist consulting firm.
The Independent
- The Telegraph newspaper took a 278 million pounds ($353.5 million) hit last year on a loan withdrawn by its billionaire owners, the Barclay family, which it said is unlikely to be repaid.
($1 = 0.7865 pounds)
(Compiled by Bengaluru newsroom)
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