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PRESS DIGEST-British Business - March 9

·2 min read

March 9 (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

- Trustpilot is hoping to float with a valuation of more than 1 billion pounds ($1.38 billion) when the consumer reviews website lists its shares in London this month. https://bit.ly/3btbGHD

- Secondary school pupils in England who feel anxious about wearing masks in school will not be forced to do so, the children's minister has said. https://bit.ly/3kXLeJ7

The Guardian

- UK has been warned not to send a dreadful message to the rest of the world by backing a controversial Australian former minister with a much-criticised climate change record to run the Organisation for Economic Co-operation and Development. https://bit.ly/3cbRnxq

- The reopening of schools in England will have an impact on infection rates that could affect the roadmap for lifting restrictions, Boris Johnson has warned as England's deputy chief medical adviser said it was too soon to rule out a fourth wave taking off. https://bit.ly/3c9jcqa

The Telegraph

- The Royal Navy in United Kingdom is seeking a catapult system to launch drones and jets from aircraft carriers as a possible "Plan B" for the F-35. https://bit.ly/2OzxeJw

- Greensill Capital, the finance firm underpinning a swathe of Britain's steel industry, has collapsed into insolvency after telling the High Court it had "no conceivable way" of meeting a $140m repayment demand from its Swiss bank backer. https://bit.ly/3l5e9v6

Sky News

- Private equity group TPG has moved into pole position to acquire the headquarters of McLaren Group for about 180 million pounds, the British supercar manufacturer and Formula One team-owner. https://bit.ly/3qnazgQ

- Bank of England governor has sounded a relatively optimistic note on the economy, predicting that the coronavirus shock would cause less long-term damage than most recessions. https://bit.ly/3kY4UNh ($1 = 0.7241 pounds) (Compiled by Bengaluru newsroom)