PRESS DIGEST-British Business - November 26
Nov 26 (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
- Equinor EQNR.OL will drill 250 oil and gas exploration wells in Norwegian waters in the next 10 years to fulfil a goal of sustaining output in 2035 at 2020 levels, driven by expectations of prolonged fossil fuel demand, its CEO said.
- British finance minister Rachel Reeves is considering introducing a three-year stamp duty holiday on newly listed company shares in an effort to boost the number of businesses choosing to float on the London Stock Exchange.
The Guardian
- Britain will end the exemption for pre-packaged milkshakes and milky coffees from an existing tax on sugary drinks from January 2028, the health department said.
- Britain's financial regulator is making enquiries at WH Smith SMWH.L about accounting errors uncovered in the retailer's U.S. business.
The Telegraph
- British retailer John Lewis is considering opening new department stores for the first time in nearly a decade.
Sky News
- Multiple London councils have been hit by a cyber attack on Monday, with the potential for residents' data to have been compromised, the Royal Borough of Kensington said.
- Ministers have been briefed on major curbs to the jury service which could see juries only used to decide on cases of murder, rape or manslaughter.
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