Home / Royal Mail / PRESS DIGEST-British Business – Feb 20

PRESS DIGEST-British Business – Feb 20

Feb 20 (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

– Royal Mail chief executive Simon Thompson will appear
before British MPs for a second time on Wednesday to explain
failings amid continued industrial unrest.

– British Prime Minister Rishi Sunak would be willing to
press ahead with a Brexit deal even if it did not get the
support of Northern Ireland’s Democratic Unionist Party.

The Guardian

– Oil company Shell and energy trader Vitol have
been accused of prolonging the war in Ukraine by exploiting a
“loophole” in the EU sanctions regime to bring products derived
from Russian oil into Europe through Turkey.

– The remote driving of vehicles from overseas, such as for
the delivery of rental cars, could be banned in England and
Wales following a government-commissioned review.

The Telegraph

– Defence giant Lockheed Martin Corp plans to build
its first satellite factory outside the US on British soil in a
boost to the growing space industry.

– Online chatbots such as ChatGPT will be regulated under
new internet legislation, the British government has confirmed.

Sky News

– Tesco, Britain’s biggest supermarket chain, is to
kick off a review of its presence in the UK banking sector – a
move that could lead to a sale of the business.

– British organic supermarket chain Planet Organic has
drafted in London advisers to explore a possible sale.
(Compiled by Bengaluru newsroom)




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