PRESS DIGEST-British Business – Sept. 1 – Yahoo Finance

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PRESS DIGEST-British Business – Sept. 1 – Yahoo Finance

September 24, 2021 Cab4Now News 0

Sept 1 (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

– Credit Suisse Group AG is pushing ahead with plans to build a European investment banking hub in Spain and to trim back in London as it prepares for the final phase of Brexit. https://bit.ly/2QI1PCA

– Swissport has warned that between 3,500 and 4,000 jobs still hang in the balance, despite clinching a 1.9 billion euro ($2.27 billion) rescue deal that ensures its survival. https://bit.ly/3hXxls0

The Guardian

– Dozens of regional radio stations across England and Wales owned by Bauer Media, have been replaced by a single national outlet, under the brand Greatest Hits Radio. https://bit.ly/3hMlAVu

– Ocado Group Plc will begin its first deliveries of Marks and Spencer Group Plc’s groceries on Tuesday. https://bit.ly/3hGmaE9

The Telegraph

– Taxi firm Addison Lee could cut as much as 10% of its workforce, after the coronavirus downturn forced it to speed up a bid to slash costs. https://bit.ly/2YTcu1A

Sky News

– Warburg Pincus is in preliminary discussions about partnering with a consortium comprising two other buyout firms – Centerbridge Partners and Towerbrook Capital Partners – to bid for AA Plc. https://bit.ly/2QHDLj2

The Independent

– The UK government has spent more than 120 million pounds ($160.33 million) in taxpayers’ money fighting disability benefit claims in the last two years – despite losing three-quarters of tribunal appeals. https://bit.ly/3gNyd1b

More Cab4Now News:-  Addison Lee taxi drivers stage 24-hour strike at Luton airport

($1 = 0.8376 euros) ($1 = 0.7484 pounds) (Compiled by Bengaluru newsroom)

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