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PRESS DIGEST- British Business - Feb 14

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Feb 14 (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

* Britain's statistics agency, the ONS, said it was changing its schedule for the release of labour market data to give lawmakers more time to understand the politically sensitive jobs figures ahead of parliamentary sessions when lawmakers can question ministers. * British inflation unexpectedly held close to its highest level in nearly six years in January, increasing the chance of another rise in interest rates within months. The Guardian

* Low-cost airline Norwegian is planning further expansion of its long-haul flight network with London Gatwick as its major global base, and more routes to Latin America and Asia. * British lawmakers have accused the "big four" accountancy firms of "feasting on what was soon to become a carcass" as it emerged they banked 72 million pounds ($100 million) for work linked to collapsed government contractor Carillion in the years leading up to its financial failure. The Telegraph

* The funding crisis in the NHS has led to cutbacks on vital clinical trials conducted with drug companies on new medicines, according to a report in research policy magazine Research Fortnight. * Crusader Resources , which is listed in Australia, wants to raise up to 11 million pounds by floating in London. Sky News

* Therium Capital Management, a specialist litigation funder, has agreed to back the claim of hundreds of sub-postmasters for a class action lawsuit against the state-owned Post Office following an IT fiasco which left them accused of false accounting or theft. * Network Rail is planning to deliver a 15 percent reduction in delayed trains under a 47 billion pound five-year plan, but has made no fresh promises of major projects. The Independent

* London's regulators are unprepared for the introduction of autonomous vehicles, delivery by drone and demand-responsive buses, the transport committee of the London Assembly said in a report. * Reusing food packaging, like recycling paper cups, is one of the most effective steps towards a more sustainable future, the chief executive of Carlsberg said. ($1 = 0.7201 pounds)


(Compiled by Bengaluru newsroom, Editing by Rosalba O'Brien)

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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