PRESS DIGEST-British Business - Dec 19

In This Article:

Dec 19 (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

- Fantasy figurines manufacturer and retailer Games Workshop has finalised a deal with Amazon to make films and TV shows based on its Warhammer fantasy games.

- More UK companies are in discussions over potential listings in New York, according to senior Nasdaq executive Karen Snow, stoking concerns over the strength of the London market.

The Guardian

- BP has halted all shipments of oil and gas through the Red Sea after an increase in attacks on cargo ships by Houthi militants in Yemen, including two further strikes on Monday.

- Adobe has abandoned its $20 billion takeover of smaller rival Figma, after European and UK regulators raised concerns that it would eliminate competition in the product design software market.

The Telegraph

- Britain's second-largest gas and electricity supplier, Octopus Energy, has boosted its valuation to $8 billion after raising $800 million from investors.

- Pay growth is not yet falling fast enough, the Bank of England's deputy governor has warned, as he hinted that it is still too early to consider cutting interest rates.

Sky News

- In an effort to ensure UK companies investing in more environmentally friendly production are not at a competitive disadvantage, the Treasury plans for a carbon border tax to be levied on goods brought in from countries with a lower or no carbon levy.

- A pack of buyout firms, including Advent International and CVC Capital Partners, are circling the video game publisher behind the Runescape franchise, Jagex, even as its owner's hopes of a bumper valuation are beginning to falter.

The Independent

- Supporters of Albania's opposition Democratic Party protested against the government on Monday while a parliamentary commission discussed whether to lift the immunity from prosecution of the party's leader, former Prime Minister Sali Berisha.

- Multinational families under threat from increased salary thresholds for migrants are planning to sue the UK government over the "cruel and inhumane" policy.

(Compiled by Bengaluru newsroom)