British Business - June 30
June 30 (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.
- Whitbread Plc WTB.L on Wednesday named Dominic Paul, the boss of the British franchisee for U.S.-based Domino's Pizza DOM.L , as its new chief executive, replacing Alison Brittain. Link
- Unilever Plc ULVR.L on Wednesday sold its Ben & Jerry's ice cream business in Israel to its local licensee for an undisclosed sum, aiming to smooth over a potentially damaging diplomatic row over the company's political stance. Link
- Tesco Plc TSCO.L on Wednesday said it is facing shortages of Kraft Heinz KHC.O baked beans, ketchup and salad cream after a fallout with the U.S. brand over price increases. Link
- BT Plc BT.L on Wednesday requested an extension to the UK government's deadline for removing Huawei equipment from its network, following a ban on using the Chinese company's equipment because of data security concerns. Link
- Britain will cut off gas supplies to Europe under an emergency plan that could be triggered by National Grid NG.L if supplies fall further in the coming months. Link
- Crypto hedge fund Three Arrows Capital entered liquidation on Wednesday after a British Virgin Islands court ruled in favour of creditors seeking repayment of debts. Link
- Britain's biggest water utility, Thames Water, on Thursday will announce that its shareholders have agreed to inject 1.5 billion pounds ($1.82 billion) into the company to accelerate its turnaround. Link
- Royal Mail RMG.L managers have voted in favour of strike action, Unite union said on Wednesday, as workers across the economy grapple with employers as surging inflation bites. Link ($1 = 0.8245 pounds) (Compiled by Bengaluru newsroom)
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