PRESS DIGEST-British Business - March 10

Kitco Media
By Reuters
Published:
Updated:
Reuters
March 10 (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 said on Thursday it would delay building parts of a new high-speed railway linking London and northern England after the cost of the massive project, known as HS2, soared yet again.


- British Prime Minister Rishi Sunak is preparing to announce a multibillion-pound cash injection into Britain's nuclear deterrence programme, as part of a new defence funding package in the wake of the Ukraine war.


The Guardian


- Meta Platforms Inc's WhatsApp would refuse to comply with requirements in the UK online safety bill that attempted to outlaw end-to-end encryption, the chat app's boss has said, casting the future of the service in the UK in doubt.


- British supermarket groups have started to remove some of their customer purchase limits on salad vegetables and fruit after weeks of shortages and empty shelves.



The Telegraph


- The global boss of Deloitte has mocked rival EY after the Big Four firm's radical plan to separate its audit and consulting arms was thrown into chaos.


- UK PM Rishi Sunak is seeking to fast-track his new small boats laws through Parliament, with MPs due to vote on the draft legislation for the first time next week.



Sky News


- British Prime Minister Rishi Sunak will use talks with French President Emmanuel Macron to push for a returns agreement allowing migrants to be sent back to France after crossing the English Channel.


- China has criticised a Dutch plan to restrict the export of semiconductor equipment - a vital part of the high-tech supply chain.



(Compiled by Bengaluru newsroom)

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