Business

British Business – September 29 – TradingView

British Business - September 29 - TradingView

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.

– Petrochemicals conglomerate Ineos is expected to postpone dividends for five years to focus on deleveraging its balance sheet and investing in an ethylene plant in Belgium.

– Migrants will be forced to leave the UK unless they can show they are good -citizens under Labour’s plans to toughen up immigration rules, interior minister Shabana Mahmood will say on Monday.

The Guardian

– Pfizer PFE faces a US lawsuit brought on behalf of women who developed brain tumours, which they say are linked to their use of the company’s contraceptive injection Depo-Provera.

– British housing minister Steve Reed said he is “appalled” at the slow pace of housebuilding and said work would start on three new towns before the next election.

The Telegraph

– Gatwick Airport boss Stewart Wingate said British finance minister Rachel Reeves must resist undermining the investment by increasing levies on airports, airlines and passengers in her autumn Budget.

– Outgoing British Olympic Association boss Andy Anson, who will step down next month as chief executive, is joining Sportscape Group.

The Independent

– Young people who have been out of work for 18 months will be given jobs under new plans to tackle unemployment, British finance minister Rachel Reeves will announce on Monday.