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PRESS DIGEST- British Business

Oct 17 (Reuters) – The following are a tip stories on the
business pages of British newspapers. Reuters has not verified
these stories and does not attest for their accuracy.

The Times

– Nex Group Plc, a electronic trade business
run by a Michael Spencer, has announced a depart of Nex
Optimisation’s Chief Executive Jenny Knott. http://bit.ly/2hJirrN

– Workers during a Vauxhall plant of Ellesmere Port have
raised concerns over a destiny of a bureau after new owners,
Peugeot SA of France, announced a axing of scarcely a
quarter of a workforce. http://bit.ly/2hJY4uw

The Guardian

– Gillian Drakeford, a UK arch of Ikea, pronounced she would
like to see some clarity over a Brexit stance. “Theresa May
talked about a transition duration and this would be beneficial
for us to adjust to a new trade reality, to concede us to offer
products during a best prices”, she said. http://bit.ly/2hJieF1

– Npower is permitting a business to tumble as most as 1,600
pounds ($2,118.88) into debt on their appetite bills before
intervening to assistance them repay it. http://bit.ly/2hKDgD2

The Telegraph

– Union Unite pronounced on Monday that staff during Capita Plc
are formulation to theatre a nine-day strike over pension
terms after talks between a association and a kinship failed. http://bit.ly/2hKp4tO

– Accountancy organisation EY has been fined 2.75 million pounds
($3.64 million) for a array of mistakes in a auditing of a
tech company’s accounts 5 years ago. http://bit.ly/2hLziKn

Sky News

– Mike Ashley has put Newcastle United adult for sale, bowing
to vigour from many fans who had demanded larger investment
in a Premier League club. http://bit.ly/2hL2dyi

– Lloyds Banking Group has deserted a bid from
Harcus Sinclair, a law organisation behaving for a organisation of 6,000
former Lloyds TSB investors, to settle a authorised explain over the
HBOS merger, days before a hearing featuring some of a UK’s most
prominent financiers is due to begin. http://bit.ly/2hKmkMR

The Independent

– Daimler AG on Monday pronounced it is recalling
400,000 Mercedes-Benz cars in a UK over inadequate airbags after
reports that they had been betimes deploying. http://ind.pn/2hKi7ZH

– UK Transport Secretary Chris Grayling on Monday said
Monarch Airlines had a “moral requirement to contribute” to the
cost of a airlift. http://ind.pn/2hKQxvB
($1 = 0.7551 pounds)
(Compiled by Bengaluru newsroom; Editing by Sandra Maler)

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