PRESS DIGEST-British Business - September 8
Sept 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 has handed the main economic departments to ministers on Labour's reforming right flank as he sought to use Angela Rayner's resignation to revive his faltering political fortunes by stripping back barriers to growth.
- Chinese state-owned carmaker Changan is set to enter the UK market this month with the launch of its Deepal S07 electric SUV as it considers Britain a potential manufacturing base.
The Guardian
- UK's new business secretary, Peter Kyle, will fly to Beijing this week as part of Keir Starmer's continuing efforts to revitalise the UK's trade relationship with China and provide growth to the British economy.
- Production at Jaguar Land Rover, owned by India's Tata Motors TAMO.NS, and dozens of its suppliers is to remain on hold for at least this week, with disruption from a crippling cyber-attack at the carmaker expected to last until October.
The Telegraph
- Reform UK's deputy leader Richard Tice has said he will have a private meeting with the Governor of the Bank of England this month after launching a scathing attack on its digital money printing programme.
- Mark Zuckerberg's MetaMETA.O is gearing up to open its first physical store in London to boost interest in its virtual reality headsets and glasses.
Sky News
- Lloyds Banking Group LLOY.L is close to acquiring digital wallet provider Curve in a deal worth around 120 million pounds ($162.00 million), as Britain's high street lender seeks an edge in the race to develop smarter online payment systems.
- PCP International Finance, a vehicle controlled by Amanda Staveley, is expected to clarify her interest in bidding for Premier League club Tottenham Hotspur on Monday, following the unexpected departure of veteran chairman Daniel Levy last week.
The Independent
- A weight-loss pill made by the manufacturer of Mounjaro, Eli LillyLLY.N, is expected to be available in the UK next year, the firm's boss has said.
($1 = 0.7407 pounds)
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