British Minister Admits Dating Woman in Sex Industry
John Whittingdale, who as culture minister oversees the nation’s news media, said tabloid newspapers knew about the woman’s occupation before he did.
Tata Steel Plans to Sell British Plants, Threatening 15,000 Jobs
Profits at the Indian-owned Tata Steel have been squeezed by cheap Chinese imports, and the company suggested that it would consider closing its plants if no buyer came forward.
Kurt Geiger, British Footwear Maker, in Another Private Equity Deal
Cinven, a European firm, agreed to acquire the footwear and accessories company from the New York private equity firm Sycamore Partners.
Murdoch’s British Tabloids Clean Up Their Acts
A decade after a phone-hacking scandal exposed a pattern of illicit information-gathering, the unspoken laws of tabloids have been reconfigured.
British Government Sells Northern Rock Mortgages for Billion
The sale of the mortgage portfolio is the largest ever financial-asset sale by a government in Europe, according to the British government.