Yahoo Finance PRESS DIGEST-British Business - May 13
May 13 (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
- A commercial plane with an "un-jammable" navigation system powered by quantum technology has been trialled in the UK in a world first.
- ITV, Channel 4, Sky, Guardian Media Group and News UK, publisher of The Times, have told the government that the BBC's plan to introduce adverts around its podcasts and on-demand radio shows would be "disastrous."
The Guardian
- Merck Mercuriadis, the founder of music company Hipgnosis Songs Fund has accused his former business partner of using the proceeds of fraud to fund their collapsed venture, court documents show.
- The British Home Office is being threatened with legal action over concerns that children face being sent to Rwanda because officials wrongly identify them as adults.
The Telegraph
- The sale of new petrol-fuelled motorcycles is set to be banned from 2040, under plans due to be announced by ministers as part of the British government's net zero crackdown.
- UK's Labour Party's deputy leader Angela Rayner is expected to be interviewed under caution by police in the coming weeks over which of her two homes was her main residence.
Sky News
- European asset manager Aermont is among the suitors vying to buy Village Hotels, one of Britain's biggest mid-market hotel chains which is owned by travel-and-leisure specialist KSL Capital Partners, with KSL seeking offers worth in the region of 850 million pounds or more.
The Independent
- British Prime Minister Rishi Sunak is staging yet another relaunch of his premiership with a general election on the horizon, promising "bold ideas" to "create a more secure future for you and your family."
(Compiled by Bengaluru newsroom)
