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British Company - Dec 23

The following are the leading stories on business pages of British papers. Reuters has not validated these stories and does not attest their accuracy.

The Times

- A previous consultant to a UK prime minister has actually been accused of being a co-conspirator in the U.S. Department of Justice's. prosecution of Gautam Adani in the $250 million bribery case.

- Swisscom's planned acquisition of Vodafone Italia. in an 8 billion euro ($ 8.36 billion) offer has actually been. cleared by Italy's competitors watchdog and its industry. ministry.

The Guardian

- Diageo's leading stout beer Guinness has robbed. its reserves in Ireland to increase shipments to the UK, where a. social media-fuelled surge in need has actually left some bars facing. shortages.

- The British Chambers of Commerce (BCC) stated that lots of. exporters are still struggling with post-Brexit trading guidelines as. it urges the federal government to push ahead with an EU reset in the. brand-new year.

The Telegraph

- Britain's Thames Water is at a threat of defaulting on its. financial obligations no matter a proposed 3 billion pound ($ 3.77. billion) bailout, credit ranking company S&P Global stated.

- Yodel CEO Mike Hancox has actually released a claim versus Jacob. Corlett, who had sought a merger with the business earlier this. year, after the business owner's rescue deal stopped working.

Sky News

- Electric cargo bike logistics company Zedify has actually launched. an urgent hunt for new backers and is working with Interpath. Advisory on an evaluation of its financing alternatives.

The Independent

- UK's House of Commons leader Lucy Powell stated British. Prime Minister Keir Starmer might present a brand-new law to obstruct. Elon Musk from contributing to Reform UK, guaranteeing the UK electoral. system is secured from the concerns that undermine democracy.

(source: Reuters)