PRESS DIGEST - Sunday British business - Aug 17
LONDON Aug 17 (Reuters) - British newspapers reported the following business stories on Sunday. Reuters has not independently verified these media reports and does not vouch for their accuracy.
THE SUNDAY TIMES
CARILLION WEIGHS FINAL BALFOUR SWEETENER
Carillion directors are weighing a last-ditch sweetener to rescue a 3 billion pound ($5 billion) construction merger with rival Balfour Beatty.
LASTMINUTE.COM FOR SALE
Lastminute.com, one of the best known British businesses from the original dot-com boom, is to be put up for sale by U.S. technology and travel specialist Sabre. Sabre's Travelocity bought Lastminute.com or 577 million pounds in 2005 but the business is likely to fetch much less now.
MONARCH AIRLINES TO CUT 1,000 JOBS
Monarch Airlines is to cut more than 1,000 jobs - about a third of its staff - as part of a major overhaul to reduce losses and woo new investors. The carrier's fleet of aircraft will be shrunk to 30 from 42. Continuación...