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PRESS DIGEST- British Business - May 3

Published 2019-05-02, 08:34 p/m
© Reuters.  PRESS DIGEST- British Business - May 3
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May 3 (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

Financial Reporting Council and the Financial Conduct Authority are scrutinizing Sports Direct International Plc SPD.L over its accounts and its compliance with rules on inside information. https:// products maker McBride Plc MCB.L said that CEO Rik De Vos, who has run the business since 2015, would step down once a successor had been found. https:// Guardian

Nearly 4,000 highly skilled workers in Northern Ireland face an uncertain future after the Canadian aerospace company Bombardier Inc BBDb.TO put its Belfast wing-making operation up for sale. https:// Telegraph

U.S. secretary of state Mike Pompeo will warn British Prime Minister Theresa May against granting Huawei Technologies Co Ltd access to Britain's 5G networks, as she faced a growing backlash over her decision to sack defence minister Gavin Williamson. https:// investor Edward Bramson has lost his battle to get a seat on the Barclays Plc's BARC.L board by some margin after winning over less than 4 percent of other investors. https:// News

British defence secretary Gavin Williamson has told Sky News he is "massively comfortable" with the prospect of a police investigation into the Huawei leak. https:// Independent

Coca-Cola (NYSE:KO) Co KO.N is launching a range of new posh beverages meant to be mixed with whisky, rum, and bourbon. https://ind.pn/2IVRKA4

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