The Times - British Prime Minister Rishi Sunak appealed to Tory MPs to back him and finally "get Brexit done". - In a submission to the UK's Department of Health and Social Care, the Association of the British Pharmaceutical Industry has called for the rebate rate on sales of NHS-branded medicines to be fixed at 6.88%, down from an estimated 26.5% this year.
The Guardian _ British supermarket group Sainsbury's plans to consolidate five existing Sainsbury's and Argos general merchandise depots into three, closing two by 2026, in a move that will impact 1,400 workers, it said on Tuesday. - UK's tube workers in the RMT union will strike on March 15 in row over pensions, job losses and contractual agreements.
The Telegraph - Plans to close Britain's last coal-burning power facilities should be delayed for another year, UK energy secretary Grant Shapps has said. - Arrival, a British electric van champion, has been forced to fight off legal action by a creditor over an alleged unpaid debt as it grapples with a collapsing share price.
Sky News - UK's Financial Conduct Authority is monitoring the financial health of Railsr, the banking-as-a-service provider, amid emergency sale talks. - The UK government is set for a fiscal windfall of tens of billions of pounds, making the argument not to contribute to higher public sector pay all the more difficult to maintain, according to the Institute for Fiscal Studies (IFS).
The Independent
- British retailer Marks & Spencer will raise hourly
pay for over 40,000 store workers by 7% from April, a third rise
in just over two years that may catch the attention of the Bank
of England, which is worried about inflationary pressure in the
economy.
(Compiled by Bengaluru newsroom)
