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Monday Papers: May struggles to win over Tory Brexit rebels

Monday Papers: May struggles to win over Tory Brexit rebels

Top stories

  • Financial Times: Theresa May survived a challenge to her leadership on Sunday but struggled to win over some of her most ardent Conservative opponents to her Brexit plans.
  • The Daily Telegraph: Special counsel Robert Mueller has concluded in his report that Donald Trump and his aides did not collude with Russia in the 2016 election campaign.
  • The Times: The Anglo-Dutch oil giant Royal Dutch Shell is looking to expand in the UK household gas and electricity supply market, and declined to rule out acquiring one of the Big Six suppliers.
  • Financial Times: Top managers at Deutsche Bank have been barred from selling any stock they own in the lender until merger talks with Commerzbank get resolved.
  • Financial Times: Huawei is ramping up investment into foreign universities, despite US lawmakers pressuring academic institutions to cut ties with the Chinese telecoms group.

Business and economics

  • The Daily Telegraph: A new research has claimed that confidence in the UK’s financial services industry is falling at its fastest rate since the height of the 2008 crisis due to political uncertainty.
  • The Guardian: A study by the Labour party has showed that the government’s fracking proposals would release the same amount of greenhouse gas emissions as almost 300 million new cars.
  • The Times: Centrica boss Iain Conn and other executives will see their pension contribution rate halved as the operator behind British Gas seeks to dodge an escalating row over pensions.
  • The Times: San Francisco proposed a ban on the sale of all electronic cigarette products, shocking the tobacco industry.
  • The Times: RedT Energy, an embattled British energy minnow, is to install its electricity storage technology alongside solar panels in businesses across the UK after striking a deal with Norway’s state power giant.
  • Financial Times: ING chief executive has claimed the Netherlands will miss out in the race to win post-Brexit investment banking jobs due to its strict bonus rules.
  • The Times: DLA Piper, Britain’s biggest law firm by revenue, is suing Hiscox for refusing to pay out on a multimillion-pound insurance claim for damage caused by the Petya cyberattack.
  • Financial Times: A PwC whistleblower has accused the firm of serious independence failings after it allowed its auditors to fly in a private jet owned by an audit client.

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