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PRESS DIGEST-British Business - January 30

ReutersJan 30, 2026 2:57 AM

- 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

- UK drugmaker AstraZeneca AZN.L said it would invest $15 billion in China through 2030 to expand medicines manufacturing and research and development, an announcement made during British Prime Minister Keir Starmer's visit to Beijing.

The Guardian

- EasyJet EZJ.L said proposals to enforce free additional cabin bags on planes across Europe are a "lunatic idea", warning of fare rises and flight delays if legislation goes through.

The Telegraph

- Lloyds LLOY.L Chief Executive Charlie Nunn has defended Britain's banking sector after Nigel Farage threatened to tax lenders if Reform wins power, saying any attempts to weaken banks risk unintended consequences for the economy.

Sky News

- Santander UK SANS_pa.L will close 44 branches, the British arm of Spanish lender Santander said, putting almost 300 jobs at risk.

The Independent

- Britain's Co-op Group 42TE.L has announced plans to open 18 stores across the UK in the coming months.

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