PRESS DIGEST-British Business - July 22
July 22 (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
- Small shareholders in Talktalk Telecom Group Plc have delivered a rebuke to the board of the broadband provider over a 15-million-pound ($19.10 million) bonus package for executives and staff after it sold a fibre business. https://bit.ly/2ZOn4rL
- Ford Motor Co, which stopped making cars in Britain in 2002, is to get 500 million pounds of British taxpayer backing to safeguard the jobs of thousands of workers in the UK. https://bit.ly/39gYwux
The Guardian
- Swedish activist Greta Thunberg has accused EU politicians of failing to acknowledge the scale of the climate crisis and said its 750-billion-euro Covid-19 recovery plan does not do enough to tackle the issue. https://bit.ly/2WIA9Rc
- Royal Bank of Scotland has formally changed its name to NatWest Group on Wednesday, removing Scotland from the name of the lender’s parent company for the first time since it was founded in Edinburgh in 1727. https://bit.ly/2ZLDNMa
The Telegraph
- Ministers now believe that Britain and the EU will fail to sign a post-Brexit trade deal, with just days to go until Boris Johnson’s July deadline for an outline agreement passes. https://bit.ly/3hnHZrr
- Borrowing by the British state rocketed to a record 127.9 billion pounds in the three months to June as the public finances were wrecked by collapsing tax revenues and a spending spree to fight COVID-19. https://bit.ly/30wTXbD
Sky News
- Ryanair Holdings Plc, the Ireland-based carrier, which has agreed new deals with UK-based pilots and cabin crew, said it would shut its base at Frankfurt Hahn Airport from November. https://bit.ly/39lJZxQ
- Countrywide Plc, Britain’s biggest estate agency group, is on a search for a new chief executive. https://bit.ly/3fRxY5p
The Independent
- Thousands of passengers booked with British tour operator Cruise & Maritime Voyages (CMV) are seeking refunds after the line went into administration. https://bit.ly/32Inbqs
($1 = 0.7852 pounds) (Compiled by Bengaluru newsroom)
