PRESS DIGEST-British Business - July 20
Richtech Robotics Inc. Class B RR | 0.00 | |
Clear Secure, Inc. Class A YOU | 0.00 | |
Boeing Company BA | 0.00 |
July 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
- Boeing BA.N has signalled it will commit to building training jets and sophisticated aerial drones in Britain to win contracts from the Ministry of Defence.
- China’s Jingye Steel has called for the UK government to offer compensation for investment losses in British Steel after ministers brought the troubled steelmaker back into public ownership.
The Guardian
- Rolls-Royce RR.L said it has largely overcome the durability problems that plagued its Trent aircraft engines in recent years.
The Telegraph
- Britain's next leader Andy Burnham's plan to gut the government department leading the country's AI strategy has prompted a fierce backlash from the tech industry.
- Thames Water's creditors have signalled they are open to part-government ownership of the struggling utility for the first time in nearly 40 years as they seek to fend off nationalisation under Andy Burnham.
Sky News
- Members of the London & Valley Water consortium have engaged litigation specialists Pallas Partners to prepare a legal challenge if incoming PM Andy Burnham forces Thames Water into public ownership.
- British polling firm YouGov YOU.L is considering Wayne Levings, the former head of market research firm Kantar's operations, as one of the candidates to succeed co-founder and interim Chief Executive Officer Stephan Shakespeare.
