Weekly News

PRESS DIGEST- British Business - July 5

November 30,-0001 00:00

July 5 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. Boris Johnson has endorsed Andrea Leadsom to be Britain's next prime minister ...and more »



July 5 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 TimesBoris Johnson has endorsed Andrea Leadsom to be Britain's
next prime minister, days after he ruled out making his own bid
for the post. (bit.ly/29fem9t)Top Gear host Chris Evans said he was quitting the BBC show
and the corporation said it had no plans to replace him. (bit.ly/29fehCZ)The GuardianInvestors in Standard Life Plc's property funds have
been told that they cannot withdraw their money, after the firm
acted to stop a rush of withdrawals following the UK's decision
to leave the EU. (bit.ly/29fgjTl)

Sainsbury Plc has ditched its joint venture with
the low-cost retailer Netto, putting up to 400 jobs at risk and
marking the Danish chain's second exit from the UK in six years.
(bit.ly/29fgle8)The TelegraphThree former Barclays Plc traders have been found
guilty of conspiracy to defraud after a three-month trial at
Southwark Crown Court. (bit.ly/29fgFtl)

Britain will scrape by without a full-blown recession over
the next two years as a weaker pound cushions the Brexit shock
and panic subsides, Standard & Poor's has predicted. (bit.ly/29fhxhv)Sky News

Nigel Farage has announced he will step down as leader of
UKIP in the wake of the UK's vote to leave the EU. (bit.ly/29fhhPu)A suicide bomber detonated a device near the security
headquarters of the Prophet's Mosque in Medina, according to
Saudi television. (bit.ly/29fgXk1)The IndependentTom Watson will hold emergency talks with trade union
leaders after a fresh attempt to persuade Jeremy Corbyn to step
down failed. (ind.pn/29fhnXu)London Stock Exchange shareholders have approved the
company's merger with Deutsche Boerse AG.
(Compiled by Abinaya Vijayaraghavan in Bengaluru; Editing by
Sandra Maler)

BRITAIN,PRESS/BUSINESS,Bombing (Non-Military),Middle East,Arts / Culture / Entertainment,Deals,Media and Publishing (TRBC),Food Distribution and Convenience Stores (TRBC),Germany,Financial and Commodity Market Operators (TRBC),Financials (Legacy),Insurance (TRBC),United States,Food and Drug Retailing (TRBC),Conflicts / War / Peace,Cyclical Consumer Goods and Services (TRBC),Technology / Media / Telecoms,European Union,Government / Politics,Mergers / Acquisitions / Takeovers,Corporate Events,General News,Western Europe,Celebrities,Americas,Euro Zone,United Kingdom,Company News,Investment Management and Fund Operators (TRBC),Islam,Life and Health Insurance (TRBC),Government Borrowing Requirement,Media / Publishing (Legacy),Banks (TRBC),International Agencies / Treaty Groups,Religion / Belief,Non-Cyclical Consumer Goods and Services (TRBC),All Retail,Financials (TRBC),Europe,International / National Security,Emerging Market Countries,Asia / Pacific,Banking and Investment Services (TRBC),Investment Banking and Investment Services (TRBC),Banking Services (TRBC),Elections / Voting,Banking Services (Legacy),Cyclical Consumer Services (TRBC),Saudi Arabia,Central / Eastern Europe

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