July 31 (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
- U.S. investment bank Evercore ( EVR ) acquired
London-based boutique advisory firm Robey Warshaw for 146
million pounds ($193.49 million) in a cash-and-shares deal.
- Britain's government plans to introduce the G7's toughest
laws on late payments, imposing 60-day maximum payment terms and
multimillion-pound fines for large companies that delay supplier
payments.
The Guardian
- Aston Martin rushed to deliver three months' worth
of U.S.-bound cars in 24 hours on June 30 to qualify for a
reduced 10% tariff, avoiding a reported sales slump that could
have unsettled investors.
The Telegraph
- Ryanair demanded the resignation of Nats CEO
Martin Rolfe after a radar failure grounded hundreds of flights
on Wednesday, delaying thousands of passengers during the
holiday season.
- HSBC ( HSBC ) CEO Georges Elhedery warned British
Chancellor Rachel Reeves that new bank taxes could harm the UK
economy by reducing the lender's 220 billion pounds in lending
and impacting 18,500 jobs.
Sky News
- Sainsbury's ( JSNSF ) is working to fix a technical issue
with Barclays ( BCS ) affecting some Visa card payments for
online grocery orders, ruling out a cyberattack and stating no
direct impact on customers.
- Apollo Global Management ( APO ) is set to acquire a stake
in Britain's Motor Fuel Group, a major petrol forecourt
operator, from Clayton Dubilier & Rice in a deal valuing the
company at about 7 billion pounds.
($1 = 0.7545 pounds)
(Compiled by Bengaluru newsroom)