Related Articles
April 23 (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
– Keith Williams, the chairman of Royal Mail’s parent company, International Distributions Services, has urged Ofcom to speed up a service review as it fends off a 3 billion pounds ($3.71 billion) takeover approach.
– Mounting pressure on the 6.5 trillion pounds ($8.03 trillion) private equity industry raises the risk of a crunch that could cause big losses for banks and a crisis that spills over into the real economy, the Bank of England has warned.
The Guardian
– Three co-founders of CVC Capital Partners have built up a combined 2.6 billion euros ($2.77 billion) fortune, according to the company’s prospectus published in the run-up to its stock market float.
– Train drivers will strike again in early May in a series of rolling 24-hour walkouts that will bring many services around Britain to a halt.
The Telegraph
– City advisers are set to make almost 80 million pounds from Nationwide’s planned 2.9 billion pounds Virgin Money takeover.
Sky News
– The music giant BMG which counts Kylie Minogue, Lenny Kravitz and Fatboy Slim among its roster of global artists has expressed an interest in buying Hipgnosis Songs Fund.
The Independent
– British Parliament has finally passed Prime Minister Rishi Sunak’s “emergency” Rwanda bill but the legislation is set to run into legal challenges that could still delay flights. ($1 = 0.8095 pounds) ($1 = 0.9387 euros) (Compiled by Bengaluru newsroom)
Source link
