PRESS DIGEST-British Business - April 17

Reuters
04-17
PRESS DIGEST-British Business - April 17

April 17 (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

-Britain's Financial Reporting Council has opened an investigation into EY over its audit of Post Office Limited, it said on Wednesday, amid the lingering fallout from one of the country's worst miscarriages of justice.

-PwC shut operations in nine Sub-Saharan African countries last month following a strategic review.

The Guardian

-British officials are tightening security when handling sensitive trade documents to prevent them from falling into United States hands amid U.S. President Donald Trump's tariff war.

-British Foreign Office has confirmed that the foreign secretary, David Lammy, met his Israeli counterpart, Gideon Saar, while Saar was on an unannounced visit to London.

The Telegraph

-RedBird Capital has been approaching potential investors to help it acquire The Telegraph from Abu Dhabi-backed RedBird IMI, the fund which was blocked from ownership last year.

-The Bill Gates' funded reactor company TerraPower has submitted a bid to build mini-nuclear reactors in Britain.

Sky News

-True, which has backed companies including the energy drinks manufacturer Sneak and Ray Studios, a tattoo removal specialist is in talks to buy a big stake in the German Doner Kebab (GDK) chain.

(Compiled by Bengaluru newsroom)

((globalnewsmonitoring@thomsonreuters.com))

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