Tuesday newspaper round-up: Murdoch family, UK banks, Pret A Manger
By Michele Maatouk
Date: Tuesday 09 Sep 2025
(Sharecast News) - The succession battle at Rupert Murdoch's media empire has ended. The family announced on Monday that Lachlan Murdoch, Murdoch's eldest son, will secure control of the Murdochs' sprawling media empire that includes Fox News, The Wall Street Journal and The Times in the UK, with his three oldest siblings receiving an estimated $1.1bn each for their shares in the business. - Guardian
Two of Britain's biggest banks face being sued over "unfair" mortgages that have left some people owing up to 20 times the sum they originally borrowed. The law firm Teacher Stern is bringing group actions against Barclays and Bank of Scotland in an attempt, it said, to win justice for two new groups of claimants comprising current and former customers and their next of kin. - Guardian
Sick days taken by British workers have surged to a record high as Labour prepares to force companies to offer more generous benefits to staff off work with illness. On Tuesday, new figures from the Chartered Institute of Personnel and Development (CIPD) showed that UK workers missed nearly two full weeks of work in the last year because of sickness, equal to 9.4 working days on average. - Telegraph
The new chairman of Pret A Manger said there was a potential opportunity to float the sandwich chain on the stock market, as it revealed plans to try out meal deals in an attempt to boost its lunchtime trade. José Cil, who became Pret's chairman this year, said there were a number of avenues available for the company to explore, including an initial public offering. - The Times
Sir Jim Ratcliffe's energy empire has stopped investing in Britain because the country has become "one of the most unstable fiscal regimes in the world". The boss of Ineos's energy operations said the group would focus on its business in the United States after closing down its Grangemouth oil refinery in Scotland. Brian Gilvary, executive chairman of Ineos Energy, told The Telegraph that the company would divert £3 billion of investment to the US. - The Times
Email this article to a friend
or share it with one of these popular networks:
You are here: news
10 Lower Thames St,
London EC3R 6EN