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Oct 17 (Reuters) – The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and cannot be verified for their accuracy.
The Times
– Online fashion retailer ASOS Plc said it is in talks with creditors over its 350 million pound ($393.44 million) credit facility.
– Senior members of the 1922 Conservative Committee discussed the future of British Prime Minister Liz Truss on Friday evening. The discussion focused on the circumstances under which committee chairman Graham Brady told Truss to step aside.
The guard
– Waitrose is to reinstate the free coffee offer controversially withdrawn from loyalty card members in a bid to halt the supermarket’s declining fortunes.
– German company Biontech S.A. claims that cancer-targeting vaccines could be available ten years ago.
telegraph
– Newly appointed chancellor Jeremy Hunt has warned households will face tough decisions that will affect “many areas of life” when setting spending limits.
– Tesco PLC chairman John Allen has thrown his weight behind Labour’s growth plans, saying weeks of political and economic turmoil in British politics have left “only one team on the field”.
Sky News
– Lenders to online fashion retailer ASOS are lining up to advise them as its financial performance continues to deteriorate post-pandemic, Sky News learns.
($1 = 0.8896 pounds) (Compiled by Bengaluru Newsroom)
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