British Business - Aug 30
Aug 30 (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
- British power firm Drax Group DRX.L has come under further fire from environmentalists after it failed to report accurate sustainability data about the sourcing of the wood pellets it burns to generate electricity.
- Sainsbury's SBRY.L has struck a multimillion-pound deal to buy 10 stores from home improvement retailer Homebase that it will convert into supermarkets.
The Guardian
- Lloyds Banking Group LLOY.L, Britain's biggest mortgage provider, is increasing the maximum sums it is willing to lend first-time buyers in a 2-billion-pound ($2.63 billion) move.
- A series of weekend strikes by train drivers on London North Eastern Railway (LNER) from Saturday has been called off, their trade union Aslef has announced.
The Telegraph
- Workers in the UK are to be given new rights to demand a four-day week in a law planned for this autumn.
Sky News
- A ban on smoking in pub gardens and other outdoor venues is being considered because of the "huge burden" smoking puts on Britain's National Health Service (NHS) and the taxpayer, British Prime Minister Keir Starmer has confirmed.
($1 = 0.7599 pounds)
(Compiled by Bengaluru newsroom)
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