PRESS DIGEST-British Business - July 15
July 15 (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
- CityFibre has secured 2.3 billion pounds ($3.09 billion) in financing, including 960 million pounds in debt, from lenders.
The Guardian
- British ministers are exploring transferring ownership of the Post Office to its operators following the Horizon IT scandal.
- Thames Water will impose a hosepipe ban in Wiltshire, Gloucestershire, Oxfordshire and Berkshire from July 22, prohibiting households from using hosepipes to wash cars or water gardens.
The Telegraph
- Bank of England Governor Andrew Bailey dismissed Reform UK's plan to overhaul the central bank's money-printing program as "illusory," warning that it would not deliver the promised taxpayer savings.
Sky News
- Wol Kolade has been shortlisted to replace Sir Ian Cheshire as chairperson of Channel 4, a state-owned broadcaster.
- Brentford Football Club owner Matthew Benham has agreed to sell a minority stake in the Premier League team to investors, including businessman Gary Lubner, at a 400 million pounds valuation.
($1 = 0.7445 pounds)
Related Articles
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
Investing in Luxury & Experiential Consumption
Niche assets like data centers, logistics, healthcare, and cold storage thrive on structural drivers, not traditional property cycles Specialized real estate benefits from secular trends like digitalization, demographics, and supply chain innovation, making demand resilient and less cycle-sensitive
Investing in Specialized Real Estate
TradingKey - Niche assets like data centers, logistics, healthcare, and cold storage thrive on structural drivers, not traditional property cycles Specialized real estate benefits from secular trends like digitalization, demographics, and supply chain innovation
Investing in Gaming & Digital Entertainment
TradingKey - Video gaming and digital entertainment have moved from on the margin of leisure to at the heart of global culture. What was formerly considered a niche entertainment, gaming now rivals and at times dominates movie and music revenue. Meanwhile, streaming services, cyber sports
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.
