PRESS DIGEST-British Business - March 30
March 30 (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
- The British motor finance business of Ford F.N has set aside more than 150 million pounds ($198.6 million) to cover a hit from the car loans scandal as the wider industry braces for the City regulator to reveal its compensation rules.
- Former Hikma Pharmaceuticals HIK.L chief executive Riad Mishlawi, who stepped down as the British drugmaker grapples with manufacturing delays and margin pressures, is set to receive about $1.5 million in pay and benefits.
The Guardian
- Britain's finance minister will urge her G7 counterparts on Monday not to pursue unilateral measures such as new trade barriers while the Iran war continues, saying such steps could further threaten energy security.
The Telegraph
- Heathrow's third runway is under threat from a mounting conflict between airport bosses and airlines over costs and customer service.
Sky News
- Vertical Aerospace M000.F, a Britain-based flying taxi company is close to landing a capital injection worth more than $800 million.
($1 = 0.7553 pounds)
