British Business - Dec 8
Dec 8 (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.
- Sequoia Economic Infrastructure Income Fund has carved out energy supplier Bulb's technology assets from the remnants of its parent company, Simple Energy, after backing its founders with a 55 million pound loan.
- Airlines are being told by officials to cancel up to 30% of flights on strike days to prevent chaos in airport arrival halls as airport border staff walk out this month.
- Pharmacists are reporting UK-wide shortages of the antibiotics used to treat strep A, despite the health secretary insisting that the government is "not aware" of a problem.
- Striking NHS workers could be targeted as part of Rishi Sunak's promised "tough" new measures to curb a wave of industrial action, Downing Street has suggested.
- The BBC could switch off terrestrial TV and radio by the end of the decade, Tim Davie, the corporation's director general, has said.
- British housing minister Michael Gove has approved the UK's first deep coal mine in Cumbria after conceding that new green technologies are unlikely to replace the fossil fuel's role in steel-making for many years.
- British business minister Grant Shapps has held a further round of talks with the Chinese owner of British Steel as the spectre of redundancies looms over one of the UK's biggest industrial manufacturers.
- British business minister Grant Shapps on Wednesday unveiled a compensation scheme for postmasters who helped expose the Post Office scandal in the late 1990s. (Compiled by Bengaluru newsroom)
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