PRESS DIGEST-British Business - December 26
Dec 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
- British smartphone-maker Nothing, which plans an initial public offering in the next three years, has not decided in which financial centre it will choose to list its shares.
The Guardian
- Britain shoppers are expected to spend 3.8 billion pounds ($5.13 billion)this Boxing Day, 2% more than last year, with online sellers experiencing most of that growth.
The Telegraph
- Around 3,000 UK jobs have been saved after CB&I bought Petrofac's North Sea operations, which manages platforms for oil and gas giants such as BP BP.L, Shell SHEL.L, Ithaca ITH.L, and EnQuest ENQ.L.
Sky News
- A ticket sold in Arkansas scored a $1.8 billion Powerball jackpot after Wednesday night's draw - one of the richest lottery prizes in U.S. history, landing just in time for Christmas.
The Independent
- WH Smith SMWH.L is to claw back around 1.5 million pound in overpaid bonuses from former bosses following an accounting blunder at the retail firm’s U.S. arm.
($1 = 0.7402 pounds)
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