British Business – Nov 11,
These are the most popular stories in the British business pages. These stories have not been verified and we cannot vouch for the accuracy of these reports.
The Times
A government investigation into the dieselgate scandal has led to the suspicion that 47 car models from 20 different brands, manufactured by 11 different manufacturers, are more polluting than previously thought. These cars could be recalled.
The government is considering whether to support a bill introduced by a private member that would allow social media companies to collect information on children at ages older than 13.
The Guardian
The board of Thames Water is divided over two competing offers from its lenders to save the UK's largest water provider from insolvency.
The Telegraph
In a letter sent to Chancellor Reeves by more than 200 hospitality managers, they warned that the steep increases in National Insurance Contributions (NICs) would be "unsustainable", and lead to venues closing down and job cuts within a year.
The wind power generation in Britain is expected to drop to zero by the end of this week, as Ed Miliband pushes forward with his plans to increase Britain's reliance upon renewable energy.
Sky News
Bank of America, JP Morgan and others have hired Simpson Thacher as their legal counsel in the increasingly heated battle over the future of Thames Water.
The Independent
Sandro Gozi is the new chairperson of the European Delegation to the EU-UK Parliamentary Partnership Assembly. He argues that there is "a big opportunity" to strengthen ties.
Ed Miliband, Britain's energy secretary, said that the UK must increase its efforts in producing renewable energy and taking action against climate change following Donald Trump's election as the president of the United States. (Compiled by Bengaluru Newsroom)
(source: Reuters)