PRESS DIGEST-British Business - May 15
Ingredion Incorporated INGR | 0.00 |
May 15 (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
- Sweeteners and ingredients company Tate & Lyle TATE.L has revealed that it is in talks with an American suitor Ingredion INGR.N over potential 2.7 billion pounds($3.61 billion) takeover.
The Guardian
- Nigel Farage, leader of Britain's right-wing Reform UK party, said a 5-million-pound donation from a cryptocurrency billionaire he received before entering parliament was "a reward for campaigning for Brexit"
The Telegraph
- China urged the UK to act cautiously on plans to nationalise British Steel after taking control from Chinese owner Jingye.
Sky News
- The Post Office awarded a 2.4 million pounds contract to a crisis PR company DRD Partnership as it fights legal claims by victims of the Horizon IT scandal.
- Lloyds LLOY.L will remove its 50 pounds interest-free overdraft perk from Silver, Gold and Platinum accounts from 8 June, affecting some customers.
The Independent
- British broadcaster ITV ITV.L said it remained in "active discussions" to sell its media and entertainment division to Comcast's Sky.
($1 = 0.7479 pounds)
