Dec 6 (Reuters) – Here are the headlines in the business pages of British newspapers. Reuters has not verified the reports and does not vouch for their accuracy.
era
– Nick Read steps down as chief executive of Vodafone Group Plc after four years and is replaced by corporate treasurer Margherita Della Valle as interim boss.
– Glencore Plc will pay $180 million to the Democratic Republic of Congo after admitting years of corruption in the central African country.
protector
– Mike Ashley’s Frasers Group PLC has served Coventry City with an eviction notice ordering Championship Football Club to leave its home ground, Coventry Building Society Arena.
– Chinese fashion retailer Shein has pledged to invest $15m (£12.2m) to improve standards at its suppliers’ factories after it admitted working hours at two sites violated local regulations following allegations of labor abuses in a Channel 4 documentary .
The Telegraph
– British business minister Grant Shapps concluded that German entrepreneur Hakan Koç’s takeover of UK mobile company Truphone could pose a risk to national security following an investigation into the deal.
– Automaker Toyota Motor Corp unveiled six new electric models due to go on sale in Europe in 2026, signaling a shift in focus from its previous bet on hydrogen as the green fuel of the future.
sky news
– Union bosses are urging members of Britain’s rail network’s RMT union to reject new pay proposals and strike on December 13-14 and 16-17.
– UK housing secretary Michael Gove has played down the government’s target of building 300,000 homes a year after angry opposition from MPs in his own party. (Reporting by Jyoti Narayan in Bengaluru)