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PRESS DIGEST-British Business - July 31
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PRESS DIGEST-British Business - July 31
Jul 30, 2025 9:07 PM

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)

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