Dec 24 (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
- British insurer Aviva has reached an agreement to
buy smaller rival Direct Line in a 3.7 billion pound
($4.64 billion) cash-and-stock deal that is expected to result
in about 2,000 job cuts as the group moves to capture 125
million pounds of cost savings.
- Frasers Group ( SDIPF ) intends to put forward a new
candidate for Boohoo's board after shareholders
rejected the appointment of founder Mike Ashley.
The Guardian
- Supermarket chain Morrisons is giving loyalty card holders
a 10% discount on an entire shop after a glitch hit the
promotional scheme and discounted prices on some items for all
shoppers.
The Telegraph
- Royal Mail managers have been accused of faking deliveries
in order to preserve their annual bonuses.
- The new government of Mauritius is refusing to sign off on
the Chagos deal unless it receives more money, its deputy prime
minister Paul Berenger has hinted, telling constituents that
negotiations with the UK were being held up over the amount of
money involved.
Sky News
- Chocolate maker Cadbury is among the brands that have had
their warrants withdrawn under King Charles and says it is
"disappointed" after losing its royal warrant after 170 years.
- The British economy is "headed for the worst of all
worlds" as businesses expect activity to fall at the start of
next year, according to the Confederation of British Industry
(CBI).
The Independent
- Peter Mandelson is said to be ready to work with Reform UK
leader Nigel Farage to help him win over President-elect Donald
Trump in his new role as UK ambassador to the U.S. and persuade
him not to target Britain with tariffs.
($1 = 0.7982 pounds)
(Compiled by Bengaluru newsroom)