PRESS DIGEST-British Business - Dec 19

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Dec 18 (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 A trade union representing 23,000 Lloyds Banking Group staff has called for a robust investigation into the disclosure of confidential information about the bank by the partner of its head of group pensions. KPMG estimates that the economy entered a recession in the third quarter of this year and will contract by 1.3 per cent next year owing to a sharp drop in consumer spending amid rising interest rates.

The Guardian Burmese workers that produced F+F jeans for Tesco Plc in Thailand report being trapped in effective forced labour, working 99-hour weeks for illegally low pay in appalling conditions, a Guardian investigation has found. The energy company SSE has begun work to develop an underground cavern in east Yorkshire to store hydrogen, aiming to stockpile the renewable source of power for when the freezing, windless conditions experienced in the last week occur in future.

The Telegraph Workers at Rolls-Royce Holding Plc's Goodwood factory are to receive a pay award worth up to 17.6% after negotiations between the luxury automaker and Unite the union. A former SpaceX executive Lee Rosen has quit British rocket start-up Skyrora as the chief operating officer in less than six months after he joined, according to his LinkedIn profile.

Sky News Elon Musk asks Twitter users if he should step down as its boss after he declared war on Twitter's social media rivals by banning the promotion of their accounts from his platform. The former head of the Bank of England's governing body, Bradley Fried, is to chair the bulk of Goldman Sachs' operations outside the US - one of the most influential jobs at the Wall Street titan. (Compiled by Bengaluru newsroom)