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PRESS DIGEST-British Business - Jan 9

ReutersJan 9, 2025 5:42 AM

- 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 chief executive of Lloyd's of London is set to move to Aon AON.N after six years in charge of the world's leading insurance market.

- British drugmaker GSK GSK.L is closing in on a $1 billion deal to buy a U.S. biotech company IDRx in the latest acquisition to bolster its drugs pipeline.

The Guardian

- Piers Morgan is leaving Rupert Murdoch's media empire to take control of his Uncensored YouTube channel, three years after signing a multimillion-pound deal focused on leading TalkTV, which shut its traditional TV channel last summer.

- The former Brexit negotiator Oliver Robbins has been appointed as the UK Foreign Office's most senior civil servant, taking over from Philip Barton.

The Telegraph

- British Prime Minister Keir Starmer has hired the architect of Theresa May's soft Brexit plan as the most senior civil servant at the Foreign Office.

- Leon Black, co-founder and former CEO of Apollo Global Management is reportedly in talks to back the bid spearheaded by Dovid Efune, the publisher of the New York Sun website.

Sky News

- Britain's power grid operator has issued a call for electricity providers to bolster output this evening to avert the risk of blackouts.

- Britain's former City minister Bim Afolami is to become a non-executive director of HSBC HSBA.L - the bank he worked for before he embarked on a career in politics.

(Compiled by Bengaluru newsroom)

((globalnewsmonitoring@thomsonreuters.com))

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