July 2 (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
- AstraZeneca ( AZN ) chief executive Pascal Soriot is
considering moving the company's stock market listing to the
United States.
- Spain's Sabadell is to sell TSB, its UK arm, to
its rival Santander for 2.65 billion pounds ($3.6
billion) in cash, beating Barclays ( BCS ), which also
submitted a formal bid.
The Guardian
- Marks & Spencer's ( MAKSF ) online business should be
running "fully" within the next four weeks, its CEO said, as the
retailer recovers from a damaging cyber-attack.
- The struggling English utility Southern Water has secured
investment worth up to 1.2 billion pounds in a deal led by its
majority owner, Macquarie Group ( MCQEF ), which will help it
avoid a breach of its regulatory licence.
The Telegraph
- British Prime Minister Keir Starmer won a vote on his
welfare plans on Tuesday at significant political cost as he
suffered the biggest parliamentary rebellion of his premiership
and was forced to back down on key parts of the package.
Sky News
- Britain's Heathrow Airport is working with head-hunters at
Russell Reynolds Associates to find a new chairman as incumbent
Paul Deighton's term nears its conclusion.
- Private equity firm Clayton Dubilier & Rice is among the
bidders exploring a takeover of Castrol, BP's lubricant
arm which has been put up for sale for about $8 billion.
($1 = 0.7277 pounds)
(Compiled by Bengaluru newsroom)