Press Digest: British Business - Dec 2
02/12/2024 01:03
Dec 2 (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
- National Health Services bosses have warned that vital
services will be cut back and A&E departments risk being turned
into "war zones" to hit a target for routine operations that Sir
Keir Starmer will put at the centre of his plan for government
this week.
- Stellantis STLAM.MI CEO Carlos Tavares resigned abruptly
on Sunday, two months after a profit warning at the maker of
Jeep, Fiat and Peugeot cars that has lost around 40% of its
value this year.
The Guardian
- Direct Line DLGD.L CEO Adam Winslow has appealed to
shareholders to give his team more time to turn around the
struggling insurer, faced with an unsolicited 3.3 billion pound
($4.19 billion) offer from Aviva AV.L , while its bigger rival
is trying hard to drum up support from investors for the
takeover.
- Britain's Home Office has admitted that many people who
have the right to live and work in the UK cannot access their
eVisas and provide proof that they are allowed to be in the
country.
The Telegraph
- Asda's co-owner Zuber Issa has lined up financing to
pursue a deal for Petrogas Group, the UK arm of Irish forecourt
giant Applegreen.
Sky News
- Metals Exploration MTL.L , which is also quoted on the
junior AIM market, is close to agreeing a cash-and-stock deal to
acquire Condor Gold CNDR.L , an exploration and development
company focused on Nicaragua in Central America.
- Countries negotiating a global treaty to curb plastic
pollution have failed to reach an agreement, with oil-producing
nations opposing a cap on production.
($1 = 0.7873 pounds)
(Compiled by Bengaluru newsroom)
((globalnewsmonitoring@thomsonreuters.com))