British Business - July 9
July 9 (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
- Carlsberg CARLb.CO has agreed to buy British soft drinks maker Britvic BVIC.L for 3.3 billion pounds ($4.23 billion), a move the Danish brewer said would forge a UK beverage "powerhouse" and that sent both companies' shares higher.
The Guardian
- Britain's battle against inflation remains incomplete, requiring interest rates to be kept at elevated levels for longer than expected in financial markets, said senior Bank of England policymaker, Jonathan Haskel.
The Telegraph
- UK Labour party's Tony Blair warned that Keir Starmer will have to put up taxes by more than 50 billion pounds unless he comes up with radical new ways to improve productivity.
Sky News
- British lender Metro Bank MTRO.L is reviving its plans to offload a mortgage portfolio worth billions of pounds, months after an investor bailout helped the bank narrowly escape collapse.
- Richard Holden resigned as Conservative party chair on Monday after the Tories suffered defeat in the general election.
($1 = 0.7808 pounds)
(Compiled by Bengaluru newsroom)
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