British Business – Aug. 5

Aug 5 (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

– Karim Bitar, the chief executive of Convatec CTEC.L has warned that the medical equipment maker’s investment in the UK would be at risk if regulators do not approve a new wound care product stemming from its 45 million euro ($49.09 million) acquisition of the anti-infective nitric oxide technology platform of 30 Technology in April last year.

– Royal Mail is expanding its parcel locker network through a partnership with the provider Yeep! and also plans to launch its own proprietary network next year.

The Guardian

– Imported food coming into the UK through Brexit border posts is being sent back to Europe to be tested due to a lack of laboratory capacity in Britain, food bodies have said.

– UK ministers are being urged to exclude the alcohol industry from helping to draw up plans to reduce drink-related harm because of its past “interference” with such initiatives.

The Telegraph

– British Royal Navy ships and Air Force helicopters were on standby in the Middle East on Sunday night over fears of a regional war.

– British Prime Minister Keir Starmer on Sunday condemned what he described as “far-right thuggery” and said perpetrators would face the full force of the law after days of violent anti-immigration protests culminated in hotels being targeted.

Sky News

– Julian Metcalfe, the founder of Itsu and Pret A Manger is joining the board of Knoops, the fast-growing retailer of chocolate-based drinks.

($1 = 0.9167 euros)

(Compiled by Bengaluru newsroom)