PRESS DIGEST-British Business – Jan 20

Jan 20 (Reuters) – Below are the headlines on the business side of British newspapers. Reuters has not verified these articles and does not vouch for their accuracy.


UK Prime Minister Jeremy Hunt acknowledges there is a ‘strong precedent’ for freezing fuel tariffs and wants to extend the 5pence cut in petrol and diesel prices for another year if the economic outlook improves. .

Folk-rock pioneer David Crosby has died at the age of 81, his family said.


Train operators have submitted a new proposal to the RMT union to raise the salaries of train crews and station workers by 9% over two years, in hopes of ending a long-running wage dispute.

Fossil fuel company Shell has set aside more than $450m (£367m) to invest in carbon offset projects, buying half of the current market for natural offsets each year That’s the plan, says The Guardian.


The Netflix co-founder has stepped down as chief executive after 25 years in charge, concluding what the company has admitted was a ‘tough year’.

Germany must drop its opposition to sending tanks to Ukraine or Vladimir Putin’s forces could gain the upper hand in the war, NATO allies warned Thursday.

sky news

Lloyd’s Pharmacy plans to exit 237 Sainsbury’s in-store branches. This could put more than 2,000 jobs at risk and put financial pressure on UK pharmacies amid the NHS crisis.

Argos announced on Thursday that it will close all of its stores in the Republic of Ireland in June this year after a “careful consideration period”.

Maternity wear chain Seraphine is set to go private in less than two years at a fraction of its IPO price. (Edited by Bangalore Newsroom)

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