Yahoo Finance PRESS DIGEST-British Business - April 26
April 26 (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
- PwC UK's partners have voted for Marco Amitrano, PwC's head of clients and markets, to become the firm's new UK chairman and senior partner.
- BHP is set to spin off Anglo American's platinum and iron ore mining businesses as part of a deal that could prove controversial in South Africa.
The Guardian
- Tata Steel has rejected a plan by unions to keep open a blast furnace at the Port Talbot steelworks, ending any hopes of avoiding as many as 2,800 job losses.
- Shareholders have voted in favour of doubling the pay packet of London Stock Exchange Group's chief executive to 13 million pounds ($16.26 million) on the same day that fears were reignited about an exodus of UK-listed firms.
The Telegraph
- Greek industrials conglomerate Mytilineos is considering a multi-billion pound listing in London within the next 12 to 18 months.
- Communication Workers Union (CWU), which represents postal workers, is due to speak to Labour Party officials on Friday the takeover bid for Royal Mail by Daniel Kretinsky.
Sky News
- McLaren Group, the British supercar maker and Formula One team-backer has hit by 375 million pounds ($468.90 million)impairment charge.
- Everest, which has been owned by the prominent financier Jon Moulton's investment firm Better Capital for more than a decade, called in administrators this week.
The Independent
- The British government has admitted that a flagship scheme for recycling drinks bottles and cans has been pushed back to late 2027.
($1 = 0.7997 pounds) (Compiled by Bengaluru newsroom)
