PRESS DIGEST-British Business - April 8

Reuters
08 Apr
PRESS DIGEST-British Business - April 8

April 8 (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

- British Prime Minister Keir Starmer on Monday announced that the time taken to set up clinical trials would be reduced from more than 250 days to 150 days by March — by cutting bureaucracy and standardising contracts across health service organisations.

The Guardian

- Starmer has said the government will step in to support key British industries, as business grapples with the economic turmoil unleashed by Donald Trump's global tariffs.

- Britain has lost an attempt to keep details of a legal battle with Apple AAPL.O away from the public.

The Telegraph

- British Steel has edged closer to nationalisation after talks with its Chinese owner over the future of its blast furnaces stalled.

Sky News

- The chief executives of some of the world's biggest banks including Bank of America BAC.N, Barclays BARC.L, Citigroup C.N, and HSBC Holdings HSBA.L, have held private talks about the carnage in financial markets and the global economy precipitated by U.S. President Donald Trump's tariff blitz.

- Hiscox HSX.L is close to naming a new chairman nearly eight months after the drowning of Jonathan Bloomer on the luxury yacht of technology tycoon Mike Lynch.

(Compiled by Bengaluru newsroom)

((globalnewsmonitoring@thomsonreuters.com))

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