PRESS DIGEST- British Business - Jan. 24

  • Reuters
  • Stock Market News
PRESS DIGEST- British Business - Jan. 24
Credit: © Reuters.

Jan 24 (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

- U.S. Commerce secretary Wilbur Ross said on Thursday a UK trade agreement with the United States "should be much easier to do mechanically" than with Brussels because "our economies are much more similar". British health minister Matt Hancock has warned that it is increasingly likely that cases of a novel coronavirus will emerge in Britain as part of a "rapidly developing" outbreak that has led to China putting millions of people under quarantine. Guardian

- British Prime Minister Boris Johnson saw media mogul Rupert Murdoch for a "social meeting" on the day he signalled his intention to seek a general election last year, according to new transparency disclosures. The European Union's leading tech regulator Margrethe Vestager has thrown her weight behind the British government's plans to press ahead with a digital tax despite threats from U.S. President Donald Trump. Telegraph

- Goldman Sachs Group Inc (NYSE: GS ) GS.N has vowed to turn down lucrative work advising on stock market listings if the companies involved are all-male and lack diversity. Ningbo Fubang Jingye Group Co Ltd 600768.SS , the Chinese firm buying British Steel, will axe up to 500 jobs after reaching a deal with trade unions, cutting the bailed-out company's workforce by 10%. News

- Fourteen people in UK have been tested for coronavirus with five confirmed negative and nine still waiting for results, Public Health England said. Lloyds Banking Group LLOY.L is to write off tens of millions of pounds of debts associated with the mistreatment of customers at HBOS's scandal-hit Reading branch, Sky News has learnt.

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