British Business - Oct 17
Oct 17 (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
- Ryanair RYA.I CEO Michael O'Leary said the low-cost airline was set to receive 30 737 aircraft from Boeing BA.N between March and June next year to help meet its growth targets, but is now questioning how many will arrive on time.
- Private equity firm Advent International is preparing a takeover offer for UK-based food and beverage ingredients maker Tate & Lyle TATE.L.
The Guardian
- Workers on the London Underground, including tube drivers, plan to stage a series of strikes in November amid a pay dispute.
- Britain's cabinet ministers have pushed back against planned cuts to their departments in the upcoming budget, with several writing to Prime Minister Keir Starmer to contest them.
The Telegraph
- British Retailer John Lewis said it had struck a deal with digital bank Zopa to start directly offering personal loans on its website, with customers able to access between 1,000 pounds ($1,298.00) to 35,000 pounds in less than two hours.
- Former Asda CEO Mohsin Issa is buying new shares in Applied Nutrition, a protein supplements producer expected to list on the London Stock Exchange.
Sky News
- Wheel Topco, the parent company of PizzaExpress, is hiring bankers to help it refinance a 335 million pound bond ahead of its maturity.
- Residential energy services provider Hometree has secured a 50 million pound funding boost with a subsidiary of Canada Pension Plan Investment Board.
The Independent
- The UK has joined Australia, U.S., and New Zealand in backing Canada over the India assassination row, with Britain saying India's cooperation with Canada's legal process was "the right next step" in the ongoing diplomatic row between the two countries.
($1 = 0.7704 pounds)
(Compiled by Bengaluru newsroom)
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