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British Business - Aug 23



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Aug 23 (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

- Serco SRP.L has landed a $320 million contract with the U.S Space Force.

- Gatwick airport is experiencing what it calls one of its busiest summers, with 19.9 million passengers travelling through its two terminals during the first half of the year.


The Guardian

- British tech entrepreneur Mike Lynch has been confirmed dead by search and rescue authorities after his yacht sank off the coast of Sicily during a violent storm, according to officials.

- Unions are to push the government for "pay restoration" deals that would award above-inflation pay rises to public sector workers who have suffered a decade of real-term salary cuts.


The Telegraph


- UK Prime Minister Keir Starmer is to consider reviving the scrapped High Speed Two (HS2) rail routes north of Birmingham after a Labour-commissioned study recommended a sweeping programme of infrastructure spending.


Sky News


- Former Post Office software supplier Escher Group, which delisted from the junior AIM market in 2018, is working with Singer Capital Markets on a potential IPO.



(Compiled by Bengaluru newsroom)

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