December 23, 2016 / 12:53 AM / a year ago

PRESS DIGEST- British Business - Dec 23

Dec 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

- Bank of England Governor Mark Carney faces a bruising showdown with a group of influential MPs when an investigation into the Bank of England's use of monetary policy since the financial crisis is launched.

- Barclays is being sued by the U.S. Department of Justice for alleged fraud over the sale of mortgage-backed securities before the financial crisis.

The Guardian

- British Prime Minister Theresa May must explain why it took so long for the government to establish that British-made cluster bombs banned by an international treaty were dropped by Saudi Arabia in Yemen, opposition leader Jeremy Corbyn has said.

- Fingerprints found inside the cabin of the truck that ploughed into a Berlin Christmas market match those of the fugitive suspect Anis Amri, Germany's federal prosecutor's office confirmed on Thursday night.

The Telegraph

- Italy's ministers were in emergency session on Thursday night to thrash out the rescue terms for Banca Monte dei Paschi di Siena, finally ending a financial soap opera that has dragged on for years and done enormous damage to the country.

Sky News

- Planned strikes by British Airways cabin crew on Christmas Day and Boxing Day have been cancelled.

- London Underground workers are to stage a 24-hour strike over pay from 6 p.m. on Jan. 8, according to RMT and TSSA unions.

The Independent

- Prince Charles has issued a warning over the "rise of populism" in a veiled apparent reference to the election of Donald Trump and increasingly hostile attitudes towards refugees in Europe.

- British Ministers of Parliament are considering a push for longer working hours for MPs next year, to give enough time to pass Brexit legislation in line with Theresa May's schedule.

Compiled by Gaurika Juneja in Bengaluru; Editing by Sandra Maler

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below