Yahoo Finance PRESS DIGEST-British Business - Feb 20
Feb 20 (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 Guardian has placed a limit on the number of stories that readers can access free of charge on its app. In a sign of growing financial pressure on the newspaper, people will be able to see 20 stories on the app until they have to pay to continue to use it or wait until the end of the month for the cap on stories to reset.
The Guardian
- The European Union has launched a formal investigation into whether TikTok has broken online content rules including the safeguarding of children.
- Ofcom has launched an investigation into whether a GB News programme where Rishi Sunak took questions from the public breached impartiality rules by failing to include other political views.
The Telegraph
- Esken owned London Southend Airport is set to fall under the control of U.S. private equity firm Carlyle Group as part of a complex restructuring deal.
Sky News
- Oak Furnitureland owner Davidson Kempner, who has backed a number of UK retailers, is in discussions with Julian Dunkerton about backing an offer for Superdry.
- London Stock Exchange Group is consulting with its major shareholders about a revised pay policy that would give boss David Schwimmer the opportunity to earn almost double his current maximum package of 6.25 million pounds ($7.87 million).
($1 = 0.7944 pounds) (Compiled by Bengaluru newsroom)
