November 14, 2019 / 1:01 AM / a month ago

PRESS DIGEST-British Business - Nov 14

Nov 14 (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

- Centrica has won a legal appeal at the High Court against the energy industry regulator Ofgem over the way in which the household price cap was calculated.

- Shop Direct said that £75 million ($95.97 million) would be injected by the end of this month from the Barclay family, required to plug a £150 million hole caused by a surge in mis-selling claims.

The Guardian

- Investors in Neil Woodford's fund could further lose £1 billion by the time it is wound up, according to analysis commissioned by its administrators.

- Royal Mail Plc has won a high court injunction preventing the first national postal strike in a decade, which it said could have disrupted postal voting in the general election.

The Telegraph

- A court is poised to rule on whether J Sainsbury Plc broke the law when it pulled out of building a new £7 million supermarket.

- Wiltshire-based Avon Rubber Plc, which supplies gas masks and respirators to armed forces around the world, is seeking fresh acquisition targets.

Sky News

- Advent International has hired advisers to prepare an initial public offering of Rubix Group Holdings, a Cheshire-based distributor of industrial repair kits, that could value it at well over £2.5 billion.

$1 = 0.7815 pounds Compiled by Bengaluru newsroom

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