August 27, 2018 / 12:02 AM / 8 months ago

PRESS DIGEST- British Business - Aug 27

Aug 27 (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

- The Ellesmere Port car factory could become the production centre for Vauxhall electric cars, saving a thousand jobs and perhaps creating hundreds more. The Peugeot and Citroen giant Groupe PSA is to announce a step up in its electrification plans before the Paris motor show at the end of September.

- A wave of strikes that hit three North Sea platforms over the summer may be a sign of things to come as more disputes brew over working hours, a leading union has warned.

The Guardian

- Holidaymakers complained to Thomas Cook Group Plc about conditions at an all-inclusive hotel in Egypt before two Britons suddenly died there last week, but say they were assured nothing was wrong.

- The controversial ticketing website Viagogo is preparing to move much of its UK workforce to New York, as it explores US expansion. The move comes at a time when the company faces multiple investigations into its affairs in Europe.

The Telegraph

- The UK is set to miss out on as much as 500 million pounds ($637.65 million) worth of recyclable paper ­exports and has been sending more waste to incinerators and landfill sites after China tightened restrictions on imported refuse.

- Facebook Inc has begun to rank British news organisations based on an opaque "trust score", leading to changes in ­online audiences for some publishers.

Sky News

- Wonga, the payday lender which was once one of Britain's fastest-growing consumer finance companies, is on the brink of collapse this weekend following a deluge of customer compensation claims.

The Independent

- Plane maker Boeing Co is actively working on technology that would remove the need for two pilots in the cockpits of its passenger jets.

$1 = 0.7841 pounds Compiled by Bengaluru newsroom Editing by Chris Reese

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