PRESS DIGEST-British Business - March 25
March 25 (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
- Meta META.O has been ordered to pay $375 million in civil penalties after a jury in New Mexico found that it knowingly harmed children's mental health.
The Guardian
- British finance minister Rachel Reeves said contingency planning was taking place for an expected rise in energy bills but the focus was on longer-term measures to bring down bills for all, and targeted support for the poorest households.
The Telegraph
- Octopus Investments, which employs just over 600 staff, is to put 130 roles at risk of redundancy in an effort to streamline its operations.
- Lidl to sell plug-in solar panels under Miliband net zero drive. The devices will cost as little as 400 pounds ($536.24)upfront and could cut a typical household's power bill by 70-110 pounds a year, the Government said.
Sky News
- The London-listed investment firm ICG ICGIN.L is plotting a surprise bid to buy one of Britain's biggest staycation providers Park Holidays, which is owned by the US-listed real estate investment trust Sun Communities SUI.N.
($1 = 0.7459 pounds)
