British Business - March 29
March 29 (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.
- UK ministers are preparing to try to safeguard thousands of jobs in the steel industry after the government rejected a request for a 170-million-pound ($234.23 million) bailout from mining magnate Sanjeev Gupta. Link
- James Anderson, Britain's leading technology investor and a huge backer of takeaway delivery platforms, has said that he will not be investing in Deliveroo, the company floating in London this week with an 8-billion-pound valuation. Link
- Any system allowing venues such as pubs to exclude people on the basis of their COVID-19 status would not be permanent, the UK culture minister Oliver Dowden has said. Link
- Hundreds of engineers could be dismissed from British Gas, the country's biggest energy supplier, by the end of the week. Link
- Sir Philip Green's failed Arcadia empire is to sell off furniture and fittings at its distribution and data centres in a bid to raise cash for creditors. Link
- UK finance minister Rishi Sunak's 2-billion-pound Green Homes grant scheme is to shut after just six months following low take-up by the public. Link
- Uber Inc UBER.N says it will let London customers request a fully electric car so they can "play their part in cleaning up urban transport". Link
- A union in the UK has urged potential Deliveroo investors to push against workers' rights and human capital concerns ahead of the company's Initial Public Offering on the London Stock Market Exchange. Link
($1 = 0.7258 pounds) (Compiled by Bengaluru newsroom)
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