Oct 24 (Reuters) – Here are the top stories on the trade pages of British newspapers. Reuters has not verified these stories and does not guarantee their accuracy.
Boris Johnson withdrew from the Conservative leadership contest, paving the way for Rishi Sunak to become Britain’s next prime minister.
Rating agency Standard & Poor’s Global has warned that central banks and regulators should relax rules on collateral demands after the UK pension fund crisis to prevent further blowouts in the financial sector.
Britain’s data watchdog has fined construction group Interserve 4.4 million pounds ($5.00 million) after a cyber attack that enabled hackers to steal personal and financial information of up to 113,000 employees.
Online fashion retailer ASOS Plc is poised to confirm as soon as Monday that billionaire retailer Mike Ashley has acquired a more than 5% stake in the company.
IBM UK chief Sreeram Visvanathan said a sweeping red tape after Brexit would boost the fortunes of London’s tech industry and allow the city to beat international rivals despite political turmoil and the inflation crisis.
Dietrich Mateschitz, the Austrian billionaire co-owner and owner of Red Bull, has died at the age of 78 after suffering from cancer.
($1 = £0.8804) (Prepared by the Bengaluru Newsroom)