In This Article:
June 15 (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
- Britain's ITV is paying up to 183 million pounds ($219.98 million) to purchase 79.5% of Bristol-based Plimsoll Productions, with an option to purchase the rest of the business later. bit.ly/3xR4dgx
The Guardian
- The UK government is ending the last remaining subsidies for electric cars, arguing it will free up funds to expand the charging network and support other battery-powered vehicles. bit.ly/3aQpqhC
The Telegraph
- The UK is poised to snub China's role in its nuclear ambitions under plans that will grant ministers the power to intervene in project decisions that pose a risk to national security. bit.ly/3xSTr9Q
- Coinbase said it would lay off around 18% of staff, or roughly 1,100 people, with chief executive Brian Armstrong warning that a new "crypto winter" could be imminent. bit.ly/3mMhMrd
Sky News
- The British government has extended the life of a coal power plant in a bid to "bolster" energy security, even though it last year lobbied other countries to "consign coal to history". bit.ly/3xSn0ID
- The first deportation flight due to take asylum seekers to Rwanda will not be taking off as planned following a series of last-minute legal appeals, Britain's Home Office has confirmed. bit.ly/3NXqv60
($1 = 0.8319 pounds) (Compiled by Bengaluru newsroom)