British Business - Aug 27
Aug 27 (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
- The water sector faces a "material risk" that it will fail to raise the 7 billion pound ($9.23 billion) of equity needed to overhaul the country's infrastructure and clean up waterways under Ofwat's investment plans, the industry has claimed.
- The Dutch authorities have fined Uber UBER.N 245 million pound for a "serious violation" of data protection rules over transfers of personal information about its European drivers to the United States.
The Guardian
- Barclays Plc BARC.L has bulked up its half-year bonus pool for the first time in three years, raising bankers' hopes of bigger annual payouts after the lender formally scrapped the EU bonus cap this month.
- The UK government has awarded KPMG a 223 million pound contract to train civil servants despite pledging to slash state spending on external consultants.
The Telegraph
- Prime Minister Keir Starmer will vow to clean up Downing Street and put it "back in the service" of working people as he faces a growing cronyism row.
- The Metropolitan Police has said it is "tired of seeing crime scenes" at the Notting Hill Carnival after five people were stabbed at the event this weekend.
Sky News
- John Textor, an American businessman, is to file documents with U.S. regulators that will see Eagle Football Holdings become a U.S.-listed company.
($1 = 0.7580 pounds)
(Compiled by Bengaluru newsroom)
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