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PRESS DIGEST-British Business - June 19
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PRESS DIGEST-British Business - June 19
Jun 18, 2025 6:51 PM

June 19 (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

- AO World CEO John Roberts has warned that the

electricals retailer could shut its loss-making contract mobile

phone business within two months unless it strikes a more

profitable deal with network providers.

The Guardian

- The foreign ministers of the UK, France and Germany are

planning to meet the Iranian foreign minister, Abbas Araghchi,

in what could represent a potential diplomatic breakthrough

after five days of Israeli bombing.

The Telegraph

- Mike Ashley's Frasers Group ( SDIPF ) has pulled out of the

race to buy Revolution Beauty, raising fresh questions

over the future of the struggling cosmetics brand.

Sky News

- Spain's Banco Santander has expressed interest in

buying rival Sabadell's British unit TSB.

(Compiled by Bengaluru newsroom)

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