Headlines - Pay deal for NHS workers in England paves way to end strikes - ECB raises rates with signal that market unrest will direct next steps - Bentley chief says UK failing to support electric vehicle transition - CK Hutchison in deal talks with Telenor in Denmark and Sweden
Overview - The British government and healthcare unions on Thursday agreed on a pay proposal in the coming year and urged workers to accept it, potentially ending strikes that have disrupted the National Health Service (NHS) for months. - The European Central Bank raised interest rates as promised by 50 basis points on Thursday despite facing down calls by some investors to hold back on policy tightening until turmoil in the banking sector eases. - Adrian Hallmark the CEO of British luxury car maker Bentley said that the United Kingdom is falling behind Europe, the US and China in attracting electric investment.
- Hong Kong-listed conglomerate CK Hutchinson is in talks with Norwegian telecoms operator Telenor ASA about combining their businesses in Denmark and Sweden.
(Compiled by Bengaluru newsroom)
