British Business - June 2
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- IG Group , a UK-listed online trading provider, will launch a service this week allowing British retail investors to buy and sell individual cryptocurrencies like bitcoin and ethereum.- British Prime Minister Keir Starmer will reveal plans on Monday to build up to a dozen nuclear-powered attack submarines to replace the UK's seven Astute-class submarines. The Guardian- UK fintech company Starling Bank has handed its staff an almost fivefold increase in bonus pay despite a regulatory fine and losses on government-backed Covid loans that the digital lender has blamed on its own weak controls. - John Miller, a British businessman, has been indicted in the US with attempting to traffic sensitive American military technology to China and silence a critic of the Chinese president.The Telegraph- Train operators in England and Wales are examining whether Elon Musk's Starlink satellites could be used to boost connectivity after a six-month trial of the technology began in Scotland last month. Sky News- New weapons factories will be built "very soon" to show Russian President Vladimir Putin the UK is "stepping up our deterrents", UK's Defence Secretary John Healey said. The Independent- Tesco , Britain's largest supermarket chain, plans to close some Tesco Express stores at 10pm instead of 11pm in a trial to improve efficiency and simplify operations.