Global Financial News

PRESS DIGEST-British Business – April 22

April 22 (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

UK Prime Minister Boris Johnson rejected the cabinet secretary’s advice to change his phone number amid concerns about him being contacted by people who could potentially influence policy decisions, The Times has learnt. https://bit.ly/3vneXzt

Parts of the Bank of England are to move to Leeds under plans to make the central bank more representative and take advantage of remote working. https://bit.ly/3vdpxbR

The Guardian

Ireland’s finance minister has signalled the country will resist attempts to rebalance the global tax system if they affect Dublin’s ability to undercut its rivals. https://bit.ly/32AWJxV

UK Prime Minister Boris Johnson has said he will publish his text messages and “make absolutely no apology” for the exchanges with businessman James Dyson promising to “fix” tax status for the firm to help build ventilators. https://bit.ly/32yMHgz

The Telegraph

The Bank of England might have been able to better protect Britain the financial crisis coming if it employed more women and ethnic minorities, Andrew Bailey has said. https://bit.ly/3sEJWVG

Sanjeev Gupta’s business empire is being sued over a flagship 100 mln pounds deal that made him one of Britain’s biggest steel magnates. https://bit.ly/3egCjzG

Sky News

A 2.3 billion pounds takeover of Aggreko, an equipment rental company, was thrown into doubt on Wednesday after the company’s biggest shareholder indicated that it intended to oppose it. https://bit.ly/3n8Uzis

The Independent

MI5 is to join Instagram as part of a drive to come out of the shadows and be more transparent, counter misconceptions about its work and reach out to a younger generation. https://bit.ly/3dCH2N2

(Compiled by Bengaluru newsroom)

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