British Business - Jan. 20



Jan 19 (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

- The BBC's licence fee revenues are at risk as younger viewers shun it in favour of on-demand services, the National Audit Office says today. Link

- The boss of Next Plc NXT.L has joined the board of Deliveroo as the food delivery company puts the finishing touches to its plan for a stock market float. Link

The Guardian

- British ministers are set to halt plans for daily coronavirus tests in England's secondary schools after teachers expressed alarm that the flagship policy had not been approved by regulators Link

- Shell RDSa.L has pulled out of a joint venture with British Airways and Velocys to build a flagship sustainable jet fuels plant in the UK. Link

The Telegraph

- J D Wetherspoon Plc JDW.L is hoping to raise almost £100m for its war chest, as it aims to buy new sites and support a business battered by lockdowns. Link

- HSBC Holdings Plc HSBA.L has announced plans to close another 82 UK branches. Link

Sky News

- Administrators for Sir Philip Green's Arcadia empire are to close down its Outfit operation by the end of the month, with the loss of more than 700 jobs. Link

- United States casino operator MGM Resorts International MGM.N has announced that it will not increase its spurned 8.1 billion pound ($11.05 billion) offer for Ladbrokes owner Entain Plc ENT.L . Link

($1 = 0.7330 pounds) (Compiled by Bengaluru newsroom)

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