PRESS DIGEST — British Business — October 13
Oct 13 (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 -UK Prime Minister Andy Burnham is to stage his first major political intervention in Scotland with plans to travel north on Friday, marking his first major public visit to Scotland since becoming prime minister in July. -American medical technology group Stryker has taken a $400 million stake in the UK's Cambridge-based CMR Surgical, valuing the latter at about $4 billion for a 10% stake. -Swedish fashion retailer H&M Group is investigating claims that it was targeted by a group of cybercriminals called Shinyhunters last week. The Guardian -Stellantis and Renault have backed the British car industry for inclusion in proposed rules to protect the EU industry, while urging UK's government to consider limiting imports of Chinese cars. -Britain's interior minister Shabana Mahmood announced an urgent review of the security arrangements for high-profile public figures, after the July killing of Ann Widdecombe, a former junior Conservative minister. The Telegraph -Entertainment retailer HMV is closing its
Oct 13 (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 -UK Prime Minister Andy Burnham is to stage his first major political intervention in Scotland with plans to travel north on Friday, marking his first major public visit to Scotland since becoming prime minister in July. -American medical technology group Stryker has taken a $400 million stake in the UK's Cambridge-based CMR Surgical, valuing the latter at about $4 billion for a 10% stake.
-Swedish fashion retailer H&M Group is investigating claims that it was targeted by a group of cybercriminals called Shinyhunters last week. The Guardian -Stellantis and Renault have backed the British car industry for inclusion in proposed rules to protect the EU industry, while urging UK's government to consider limiting imports of Chinese cars. -Britain's interior minister Shabana Mahmood announced an urgent review of the security arrangements for high-profile public figures, after the July killing of Ann Widdecombe, a former junior Conservative minister.
The Telegraph -Entertainment retailer HMV is closing its flagship Oxford Street shop just three years after reopening it because its landlord plans to double the rent, with the move affecting just over 50 staff. -UK oil and gas explorer Borders & Southern Petroleum has recruited an anonymous super-rich Middle Eastern investor to bankroll its oil drilling, with the latter set to pump £2 million into the group, at a 42% premium to its share price. Sky News -Leicester City Football Club's owners have asked potential bidders to submit offers this week as they seek an exit a decade after winning English football's biggest prize. com)