British Business - Nov 18



Nov 18 (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

- Sam Bankman-Fried, the founder of FTX, received a $1 billion personal loan from the company's hedge fund subsidiary, bankruptcy filings have revealed.

- Rio Tinto RIO.AX has ended its talks with dissenting minority shareholders of takeover target Turquoise Hill Resources TRQ.TO .

The Guardian

- Electric car owners will have to pay vehicle excise duty, better known as road tax, from 2025, the chancellor has announced.

- Bailing out bust energy supplier Bulb will cost taxpayers a "staggering" 6.5 billion pounds ($7.72 billion), official figures have revealed.

The Telegraph

- Royal Mail workers are to strike on Christmas Eve and throughout December in industrial action that could bring misery to millions hoping to send presents and cards.

Sky News

- Ian Levy, one of Britain's top cybersecurity specialists, is quitting the intelligence services to join Amazon.com Inc AMZN.O in a move that could reignite the controversy about the revolving door between Whitehall and the private sector. ($1 = 0.8422 pounds) (Compiled by Bengaluru newsroom)

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