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PRESS DIGEST- British Business - June 26
June 25, 2017 / 11:34 PM / 6 months ago

PRESS DIGEST- British Business - June 26

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

* Talks to conclude a trade deal between the United States and European Union will resume after the German elections in September, America's chief trade negotiator ,Robert Lighthizer, has said.

* The Serious Fraud Office has launched an investigation into the collapse of an Anglo-Iranian commodities trader linked with Norman Lamont, the government's trade envoy to Iran.

The Guardian

* British media secretary Karen Bradlewill this week delivers her verdict on whether to greenlight Twenty-First Century Fox's proposed 11.7 billion pounds ($14.90 billion) takeover of Sky Plc, or refer the deal to the competition authorities for further scrutiny.

* Former chief of National Grid, Steve Holliday, said that concerns over the threat posed by cyber-attacks on power stations and electricity grids is "off the scale" in the UK energy sector.

The Telegraph

* The 7 trillion pounds investment community in Britain will learn this week the outcome of an investigation into the sector by Financial Conduct Authority, with many braced for a shake-up over transparency, fees and competition after years of criticism.

* Heavier investment in Britain's armed forces can strengthen the UK not only militarily, but also economically, according to a new research by PwC.

Sky News

* Anthony Hotson, who already sits on Cenkos Securities board as a non-executive director and chairs its remuneration committee, ‎has been identified as the preferred candidate to succeed the outgoing chief executive of the company, according to Sky News.

* The British government has said that Britain will maintain duty-free access to its markets once it has left the European Union for goods from dozens of developing countries. ($1 = 0.7851 pounds) (Compiled by Bengaluru newsroom; Editing by Andrew Hay)

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