PRESS DIGEST-British Business - Aug. 29
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PRESS DIGEST-British Business - Aug. 29
PRESS DIGEST-British Business - Aug. 29

- The following are the top stories on the business pages of British . Reuters has verified these stories and does vouch for their accuracy.



The Times

- British electric vehicle start-up Arrival SA 47K.F has delayed the production of it's electric buses by at least 18 months as the company cannot raise more capital. https://bit.ly/3ctyU3I


- British foreign secretary Liz Truss will classify China as a "threat" to security for the first time, under plans for a tougher approach to Beijing. https://bit.ly/3QZkEhZ



The Guardian

- Liz Truss's plan to slash VAT across the board has come under attack from Rishi Sunak supporters, who argued it would do little to help those struggling to pay food bills and benefit richer households substantially more. https://bit.ly/3wFDUsL


- More than 600 councillors from the Labour party have declared their full backing for all rail, postal, dock and other workers on picket lines, as it comes under continuing pressure over its stance on strikes. https://bit.ly/3Q4SQI0


The Telegraph

- British tech investors are preparing a rescue bid for Newport Wafer Fab if its takeover by a Chinese-owned company is blocked this week. https://bit.ly/3Ritt6g



Sky News

- British fashion retailer Joules Group Plc JOUL.L and bigger retailer Next Plc NXT.L are close to agreeing to terms of a 15 million pound investment from Next, more than three weeks after confirming they were in discussions. https://bit.ly/3Ks0Zos



The Independent

- The UK government is longer planning to use its Brexit trade deals to spread and enforce human rights around the world. https://bit.ly/3CIInPr




(Compiled by Bengaluru )

((globalnewsmonitoring@thomsonreuters.com))

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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