PRESS DIGEST-British Business - September 15
Sept 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
Sainsbury's SBRY.L has rejected a revised bid from one of China's biggest retailers, JD.com 9618.HK, for Argos, 24 hours after talks were revealed.
Stellantis UK STLAM.MI has set aside 37 million pounds ($50.1 million) as it braces itself for a hit from the misspelling scandal engulfing the motor loans industry.
The Guardian
Andrew Bailey has been urged by former Bank of England policymakers to ease pressure on the government's borrowing costs by cutting back its bond-selling plans.
The Telegraph
UK Prime Minister Keir Starmer and U.S. President Donald Trump plan to sign a quantum computing pact designed to counter China's attempts to master the breakthrough technology.
Boohoo DEBS.L is facing a showdown at its shareholder meeting this week, after two influential advisory groups urged investors to vote against its executive pay proposal.
Sky News
The UK government has announced more than 1.25 billion pounds ($1.69 billion) in private U.S. investment in the UK's financial services sector ahead of U.S. President Trump's second state visit.
UK and U.S. firms announced five new commercial deals, including for a new nuclear power plant in Hartlepool, before President Trump's arrival in the UK on Tuesday.
The Independent
Sainsbury's SBRY.L has issued a recall for two varieties of its own-brand hummus over fears they may contain E coli.
Primark's George Weston issued a stark warning to the government, branding proposed changes to business rates as "mistaken" and a significant burden on UK high street retailers.
($1 = 0.7382 pounds)
Related Articles
[Reuters Analysis] Trump adopts messenger-in-chief role after Charlie Kirk's death
By Trevor Hunnicutt and Steve Holland WASHINGTON, Sept 14 (Reuters) - Since the U.S. conservative activist Charlie Kirk was shot in a brazen display of violence, President Donald Trump has embraced the role of spokesman in an extraordinary way.Trump was first to confirm the news to a country in s
[Reuters Breakingviews] China has yet to win the global power struggle
By Hugo Dixon LONDON, Sept 14 (Reuters Breakingviews) - Back-to-back spectacles this month may have given the impression that Beijing’s superpower struggle with the United States is all but over. First, India’s Narendra Modi and Vladimir Putin of Russia held hands as they walked to meet Xi Jinpin
Apple's New Products May Help the Stock, but Services Matter Most Heading Into Fiscal 2026
Key PointsApple's latest iPhones and wearables refresh the lineup, but the higher-margin services business is doing the real heavy lifting.Services now account for close to one-third of the tech giant's revenue, with materially higher margins than hardware.The stock's premium valuation means the inv
Investing in Clean Energy
TradingKey - Not so long ago, clean energy was relegated to a niche, a corner for subsidies, early markets, and greens. Now it's at the center of global economic thought. Governments, business, and consumers are driving a structural transformation from fossil fuels to renewables. The roofs are toppe
Fed to Cut Rates: All Asset Prices Up!
TradingKey - The Federal Reserve is almost certain to restart its interest rate cut cycle on 17 September this year. After in-depth research, we have concluded that cryptocurrencies, the broader U.S. stock market, and short-term U.S. Treasury bonds will all go up.
