British Business - Aug. 18



Aug 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

- BHP BHP.AX , which mines resources including iron ore, copper, nickel and metallurgical coal, said that it would ditch its dual corporate structure and separate listings in Sydney and London. Link

- Three hundred workers are being taken on by Wrightbus as Northern Ireland based bus manufacturer accelerates its plans for growth in a new era of zero-emission transport. Link

The Guardian

- Shareholders in the asthma inhaler maker Vectura VEC.L have been urged to reject a 1.1 billion pounds($1.51 billion)takeover by the tobacco company Philip Morris International PM.N , in an open letter signed by 35 health charities, public health experts and doctors from around the world. Link

- BT BT.L has appointed Adam Crozier, the former chief executive of Royal Mail RMG.L and ITV ITV.L , as its new chairman. Link

The Telegraph

- The pension "triple lock" guarantee long championed by the Britain's Conservative Government is set to be watered down next year in a move that will save the UK Treasury billions of pounds. Link

Sky News

- Britishvolt, a Northumberland-based technology firm that is building a giant battery factory to support the production of electric vehicles, received an investment from Glencore GLEN.L for its in 4 billion pounds ($5.50 billion) project. Link

- South African fast-food chain Nando's has been forced to temporarily close around 50 restaurants after suffering chicken shortages due to supply chain disruptions across England, Wales, and Scotland. Link

The Independent

- The Scottish government is considering making its temporary COVID-19 powers permanent, which would allow it to impose lockdowns, close schools and release prisoners early. Link ($1 = 0.7279 pounds) (Compiled by Bengaluru newsroom)

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