Press Digest – British Business – June 26


June 26 (Reuters) – The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and cannot be verified for their accuracy.

The Times

– The United Kingdom’s Labor Party has abandoned plans to launch a £3 billion ($3.82 billion) tax raid on tech companies such as Amazon and Facebook after warnings the policy could spark a trade war with the United States.

– HSBC is to leave its headquarters in Canary Wharf after more than two decades and downsize to the former BT headquarters near St Paul.

The guard

– Sarah Ferguson, Duchess of York, underwent surgery after being diagnosed with breast cancer.


– Junior doctors in England are to receive an extra pay rise of around 1,000 pounds ($1,272.70) as government ministers aim to end a long-running strike.

Sky News

– UK Treasury Secretary John Glenn has suggested the government may reject recommendations by independent review bodies for a 6 per cent pay rise for teachers, police and junior doctors over fears it will increase fuel prices.

($1 = 0.7857 pounds) (Compiled by Bengaluru Newsroom)


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