PRESS DIGEST- Monetary Occasions – Jan 20

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Jan 20 (Reuters) – The next are the highest tales within the Monetary Occasions. Reuters has not verified these tales and doesn’t vouch for his or her accuracy.

Headlines

– Ikea boss says Brexit has unleashed ‘chaos’

– Jeremy Hunt warns to not anticipate tax cuts in March Funds

– King Charles palms over wind farm income for ‘wider public good’

– UK prepare firms provide RMT union larger pay in drive to finish strikes

Overview

– Jesper Brodin, chief govt of Ikea retailer Ingka, stated on the World Financial Discussion board on Thursday that Brexit had induced “chaos”, and had made it tougher to function Ikea’s enterprise throughout borders.

– British finance minister Jeremy Hunt desires to increase a 5 pence minimize within the worth of petrol and diesel for one more yr in his spring funds if the financial outlook improves.

– King Charles instructed the British authorities he would love an anticipated surge in revenue from a 900 million pound-a-year ($1.1 billion) wind farm deal for his Crown Property to go to the “wider public good” relatively than to the royal household.

– British prepare working firms stated on Thursday they’d made a “finest and closing” pay provide to the RMT rail union, in an effort to finish a long-running dispute that has led to months of disruptive railway strikes. (Compiled by Bengaluru newsroom)



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