Aug 22 (Reuters) - 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
- Frasers Group ( SDIPF ) is under offer to buy Fremlin Walk,
an outdoor shopping centre in Maidstone, from M&G Real Estate.
- Mobico Group ( NXPGF ), the owner of National Express has
formally kicked off the sale of its American school bus business
to reduce its debt pile as it continues the long recovery from
the pandemic.
The Guardian
- McDonald's is to open more than 200 restaurants
across the UK and Ireland over the next four years, creating
about 24,000 new jobs as it steps up expansion amid a rise in
demand for takeaways.
- Chinese authorities have launched an anti-subsidy
investigation into European dairy imports, in the latest sign of
escalating trade tensions between Brussels and Beijing.
The Telegraph
- The Post Office has spent more than 250 million pounds
($327.10 million) on legal fees linked to the Horizon IT
scandal, a sum almost equivalent to the compensation paid out to
the victims.
Sky News
- Britain's government again borrowed more than expected
last month, according to official data released on Wednesday
that highlighted the tight financial backdrop for new finance
minister Rachel Reeves as she readies her first annual budget.
- Cineworld's US-based parent will inject 35 million pounds
into modernising its British cinema estate if a rescue plan
being put to creditors is successful.
($1 = 0.7643 pounds)
(Compiled by Bengaluru newsroom)