PRESS DIGEST- British Business - Feb 9

By Kitco News / February 08, 2018 / www.kitco.com / Article Link

Feb 9 (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

Senior officials in the Qatari government are set to challenge the evidence of Carillion Plc directors who at parliamentary hearings this week blamed the Gulf state for the construction company's demise. Talktalk Telecom Group Plc is forming a new company with Infracapital, an investor in European infrastructure, to connect full fibre to more than three million homes and businesses in mid-sized towns and cities. The Guardian

The government has launched a crackdown on unpaid internships, sending more than 550 warning letters to companies and setting up enforcement teams to tackle repeat offenders. The Bank of England has signalled that an interest rate hike is coming from as early as May and that there are more to come, as the economy accelerates with help from booming global growth. The Telegraph

British Land Co Plc plans to transform a southeast London estate which it has bought for more than 100 million pounds ($139.24 million) as it expands its ownership of sites near the new Crossrail line. BT Group Plc's mobile arm EE is to offer broadband to more than half a million of Britain's most remote homes, in a sign of increasing convergence of the telecoms giant's fixed line and wireless services. Sky News

Manchester United Plc have posted a half-year loss, blaming an overhaul of the United States tax system by Donald Trump. Hilco Capital, a firm which specialises in investments in distressed retailers, is among a small group of bidders plotting a rescue deal for the British operations of Toys R Us Inc . The Independent

The RAC is urging the UK's biggest supermarkets to cut the price of petrol by 3 pence a litre, reflecting a recent slide in the price of crude oil. ($1 = 0.7182 pounds)


(Compiled by Bengaluru newsroom; Editing by Sandra Maler)

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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