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PRESS DIGEST-British Business - March 31

ReutersMar 31, 2025 2:46 AM
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- 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

- Aviva AV.L has resurrected controversial plans to cancel 450 million pounds ($583.43 million) of its preference shares seven years after a prior attempt that led to censure by the FCA, questions in parliament and the departure of the chief executive.

- British Energy Minister Ed Miliband has been accused by the Conservatives of jeopardising investment by technology companies after Microsoft MSFT.O said plans to build data centres were at risk because of delays in getting grid connections.

The Guardian

- The chair of a charity Prince Harry set up to help young people with HIV and AIDS in Lesotho and Botswana has accused him of "harassment and bullying at scale" after he quit this week over a dispute he described as "devastating".

The Telegraph

- British Prime Minister Keir Starmer is understood to have plans in place to retaliate if U.S. President Donald Trump includes Britain in his raid on global imports, planned to take effect on Wednesday.

Sky News

- British Prime Minister Keir Starmer and U.S. President Donald Trump discussed "productive negotiations" towards a UK-U.S. economic prosperity deal in a phone call on Sunday evening, a Downing Street spokesperson said.

($1 = 0.7713 pounds)

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