PRESS DIGEST-British Business - February 18

KKR & Co. L.P. -1.06% Pre
NATWEST GROUP PLC SPON ADS EACH REPR 2 ORD SHS +0.77% Pre
Dow Jones Industrial Average -0.62%
S&P 500 index -0.24%
NASDAQ +0.23%

KKR & Co. L.P.

KKR

133.38

133.38

-1.06%

0.00% Pre

NATWEST GROUP PLC SPON ADS EACH REPR 2 ORD SHS

NWG

17.04

17.23

+0.77%

+1.12% Pre

Dow Jones Industrial Average

DJI

48114.26

-0.62%

S&P 500 index

SPX

6800.26

-0.24%

NASDAQ

IXIC

23111.46

+0.23%

- 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

-British healthcare property developer Assura AGRP.L has rejected a 1.56 billion pound ($1.97 billion) acquisition bid from KKR KKR.N.

- Two of Britain's biggest banks Barclays BARC.L and NatWest NWG.L are to remove climate targets from their annual bonus schemes for senior executives, reflecting a wider shift in the business world to drop environmental and diversity measures linked to pay.



The Guardian

-British Prime Minister Keir Starmer has urged U.S. President Donald Trump to provide a U.S. "backstop" to a European peacekeeping force in Ukraine, saying it is the only way to deter Russia from attacking the country again.

- British Prime Minister Keir Starmer has not ruled out holding a parliamentary vote on committing UK troops to a peacekeeping role in Ukraine in the event of a ceasefire, after calls from some within Labour and the Lib Dems.


The Telegraph

- The UK Supreme Court on Monday rejected a move by finance minister Rachel Reeves to intervene in a landmark case on car loan mis-selling.

-Castle Water, which was co-founded by Graham Edwards, the Tory treasurer, has issued a winding-up petition against Pret A Manger over allegations of unpaid bills.



Sky News

-Jonathan Reynolds, Secretary of State for Business and Trade, will discuss Jingye Group's request for a bailout for the Scunthorpe-based steelmaker with the Chinese group's boss Li Huiming on Tuesday.

-Britain's competition regulator said on Monday that Topps Tiles' TPT.L 9 million pound ($11.34 million) acquisition of CTD Tiles could reduce competition, limiting deals and product choices for customers and businesses in parts of England and Scotland.


($1 = 0.7937 pounds)


(Compiled by Bengaluru newsroom)

((globalnewsmonitoring@thomsonreuters.com))

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