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British Service - May 28

Posted to Maritime Reporter on May 28, 2024

The following are the leading stories on business pages of British papers. Reuters has not confirmed these stories and does not attest their precision.

The Times

Aviva and Scottish Widows prepare to end up being official pensions dashboard operators, signing up with a union of business seeking to breathe life into the long-delayed job.

- Italy's Newlat Food has accepted purchase Princes for 700 million pounds ($ 894.18 million) to add the British business's tinned fish and Napolina sauces to its range and develop the food sector's very first Milan-based unicorn - or billion-dollar startup.

The Guardian

- Senior politicians, consisting of three parliamentary committee chairs, have actually required more examination of Shein as the fast-fashion merchant established in China sets its sights on a. London stock exchange listing.

- UK shop cost inflation eased to the lowest level because. November 2021 after sellers cut the price of big purchases. such as furnishings and Televisions as homes keep a tight rein on. investing in the middle of expense of living pressures and poor weather.

The Telegraph

- German loan provider Deutsche Bank is poised to wind. down Numis Securities' U.S. operations after slashing the. approximated value of the broker following a takeover deal.

- Having a hard time shipbuilder Harland & & Wolff will be. required to close its yards in Scotland and focus exclusively on. work for the Royal Navy if a 200 million pound($ 255.48. million) funding lifeline fails, managers have actually alerted.

Sky News

- British Prime Minister Rishi Sunak on Monday proposed. tax cuts for millions of pensioners in his latest project. promise, highlighting the significance of older voters in the. upcoming July election.

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