June 26 (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
- Stellantis ( STLA ) could halt its UK production unless
the government does more to boost demand for electric vehicles
(EVs) to help it comply with regulations requiring automakers to
sell more EVs, the company's top UK executive said on Tuesday.
- Chapel Down, Britain's biggest wine producer, is
considering putting itself up for sale as part of a review into
options to fund its future growth as it plans to plant new
vineyards and build a new winery.
The Guardian
- HSBC ( HSBC ) and Barclays ( JJCTF ) are cutting rates on
their fixed mortgage deals in what some brokers claim could be
the start of a "summer of savings" for homebuyers and those
looking to remortgage.
- Britain's main opposition Labour has suspended one of its
parliamentary candidates, Kevin Craig, after being told the
Gambling Commission has launched an investigation into him.
The Telegraph
- Barclays ( JJCTF ) CEO C S Venkatakrishnan said it is
unrealistic for banks to abandon oil and gas, as he hit back at
growing scrutiny of the ties between finance firms and the
fossil fuel industry.
- British Post Office's finance chief has quit his role at
the scandal-hit company after more than a year's absence on sick
leave.
Sky News
- Advisers working on the controversial takeover of Royal
Mail's parent company are in line for a fee bonanza worth more
than 130 million pounds.
- Four men were arrested on suspicion of aggravated trespass
at Prime Minister Rishi Sunak's home in northern England on
Tuesday.
The Independent
- British Prime Minister Rishi Sunak has finally bowed to
pressure and withdrawn the Conservative Party's support for two
candidates embroiled in the general election betting scandal.
(Compiled by Bengaluru newsroom)