PRESS DIGEST-British Business – November 4
November 4 (Reuters) – Here are the main articles on the trade pages of UK newspapers. Reuters has not verified these stories and does not guarantee their accuracy.
The majority shareholder of publisher Daily Mail has been accused of trying to privatize it on the cheap, a sign of a potential investor revolt, Majedie Asset Management said that the Rothermere family’s offer to privatize Daily Mail and General Trust was not generous enough. https://bit.ly/3k4SP9I
LV = board of directors faces growing criticism over decision to sell mutual insurer to US private equity firm after it emerged most of its 1.2 million members would receive that £ 100 each on the £ 530 million deal. https://bit.ly/3q5ZwfC
Two of the world’s largest wind energy companies, Ørsted and Vestas, have warned of harsh conditions as slower-than-usual winds and supply chain difficulties delay manufacturing. https://bit.ly/3bHCVgV
Online casino Sky Vegas offered free “spins” to recovering drug addicts during the industry’s annual Safer Gambling Week, raising concerns that messages could trigger relapses, UK Gambling Commission investigates about the incident. https://bit.ly/3wfGHHy
CNG Energy has become the latest electricity supplier to go bankrupt as the industry reels from soaring wholesale prices. protected if they were in credit, which means that many could suffer significant losses. https://bit.ly/3nONZyo
NHS workers will not be forced to undergo a COVID vaccine this winter under plans being considered by ministers, despite warnings that increasing cases could see the public under greater restrictions. https://bit.ly/3GZDJwb
Kensington Mortgages and its backers have hired Morgan Stanley to oversee an auction of the firm, the financial services group specializing in self-employed home loans, is put up for sale after seven years of equity holdings. https://bit.ly/3jZg5pB
British trawler released by French authorities after being seized last week, the Cornelis Gert Jan was detained in a port in northern France last week, on charges that the boat was fishing in French waters without the correct documents . https://bit.ly/3GSdV54
EU Vice President Frans Timmermans has said Boris Johnson’s demand for Brexit is impossible and he knows it, and it was “extremely well known in London” that the British demand could not be met. https://bit.ly/3q5u8xQ
Major UK meat producers must send carcasses to the EU for slaughter before re-importing them again due to the post-Brexit staff crisis. https://bit.ly/3EzGd2a
(Compiled by Bangalore Newsroom)
Our Standards: The Thomson Reuters Trust Principles.