PRESS DIGEST-British Business - March 2
March 2 (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
- Private equity firm Blackstone BX.N has put 100 million pounds ($134.44 million) into OurHouse, which runs two high-end children-friendly members' clubs in London and has ambitions for three more in prosperous parts of the capital.
- Biotech company Roquefort Therapeutics ROQ.L plans to acquire the rights to a clinical-stage cancer treatment from a U.S. company as part of a reverse 32 million-pound takeover that will involve it shifting from a main London listing to the junior stock market.
The Guardian
- British Prime Minister Keir Starmer said on Sunday that his country has accepted a U.S. request to use British bases for defensive strikes against Iranian missiles in storage depots or launchers.
- Datacentre developers are facing pressure from campaign groups to reveal whether their projects will increase the UK's net greenhouse gas emissions, amid concerns the sites could double national electricity demand.
The Telegraph
- Britain's former ambassador to the U.S. Peter Mandelson is set to leave his second home in Wiltshire to cut his outgoings following the fallout over his friendship with Jeffrey Epstein.
Sky News
- Britain's Royal Air Force base Akrotiri has been hit by a suspected drone strike and there were no casualties in the incident at the base near Limassol, Cyprus.
The Independent
- More than 60 parliamentarians have signed a pledge against developing the Rosebank oil field from campaigners Uplift.
($1 = 0.7438 pounds)
Related Articles
US-Iran Conflict Escalates. Strait of Hormuz Shutdown, How Much Room for Oil Prices to Rise?
TradingKey - The sharp escalation in geopolitical risks has directly triggered intense volatility in global crude oil markets. At Monday’s market open, WTI crude futures surged over 11%, and Brent crude opened up 13%, though gains subsequently narrowed.
Shiba Inu 2026: L3 Evolution & the Next Bull Run
Discover the Shiba Inu (SHIB) 2026 outlook as it evolves from a meme coin into a sophisticated L3 utility network. This analysis covers the critical $0.00000589 support level, the impact of U.S. government SHIB holdings, and the Shibarium update featuring FHE privacy. Explore the "next Shiba Inu" bu
New Fed Chair Warsh About to Appear, Musalem Softens Dovish Remarks: How Does the Fed Policy Balance Tilt?
TradingKey - With U.S. President Donald Trump nominating Kevin Warsh as the next Federal Reserve Chair, the hawkish-dovish balance within the Fed is undergoing a pivotal shift. If successfully confirmed by the Senate, Warsh will succeed current Chair Jerome Powell in May 2026. This development also triggers a re-anchoring of the interest rate path, risk premiums, and the pricing logic for U.S. dollar assets.
Korean Stocks Up 47% YTD: How to Join the Rally
TradingKey - Since the start of 2026, South Korea’s KOSPI Index has been on a tear — rising more than 47% so far this year and lifting the market’s capitalization to ninth place globally. That performance makes it one of the brightest stars among major equity benchmarks.
