British Business - Jan. 24



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

Ministers in the UK have been warned that they will have to contend with record-breaking gas and petrol prices in the event of a Russian invasion of Ukraine. Link

Tim Eggar, a former Conservative energy minister, has joined RAW Charging as chairman, as the electric car charging firm pursues rapid growth by installing chargers at pubs, shopping centres and other "destinations". Link

The Guardian

The UK's biggest private pension fund, the Universities Superannuation Scheme (USS), will shift 5 billion pounds ($6.78 billion) of its investment in equities to an index avoiding the worst polluters, in a move that will immediately reduce the carbon emissions associated with the shareholdings by 30%. Link

UK taxpayers could have to pay as much as 1 billion pounds in compensation to former Post Office workers wrongly convicted of theft due to the defective Horizon IT system. Link

The Telegraph

HSBC Holdings Plc HSBA.L has started putting pronouns on branch workers' name badges as banks across Britain race to appear more inclusive. Link

Activist investor Cevian Capital has increased its stake in Aviva Plc AV.L , piling further pressure on Chief Executive Officer Amanda Blanc to hand back more cash to shareholders. Link

Sky News

AdvancedAdvT Ltd ADVT.L , which is backed by the technology entrepreneur Vin Murria and serial dealmaking group Marwyn, submitted a revised bid to the board of M&C Saatchi Plc SAA.L late last week. Link ($1 = 0.7379 pounds) (Compiled by Bengaluru newsroom)

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