March 28 (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
- The dismissed chief executive of the London stock market's
largest gold miner Endeavour Mining ( EDVMF ) was involved in a
further $15 million of payments to a third-party offshore UAE
entity, an investigation has found.
- PwC could become the first Big Four accounting and
consulting firm in the UK to be run by a woman when its partners
vote for their next leader in a few weeks' time.
The Guardian
- Water companies in England have faced a barrage of
criticism as data revealed raw sewage was discharged for more
than 3.6 million hours into rivers and seas last year in a 105%
increase on the previous 12 months.
- An international bidding war is brewing for the UK
packaging company DS Smith ( DITHF ) after a US-based paper
producer put forward a 5.7 billion pounds ($7.19
billion)takeover proposal, gatecrashing a deal it had agreed
with the British rival Mondi ( MNODF ).
The Telegraph
- Thames Water held a crunch board meeting on Wednesday amid
a scramble to finalize a 750 million pounds($945.83 million)
lifeline from investors, with the threat of special
administration looming as the troubled supplier reels from vast
debts and poor performance.
- Telecoms giant BT has unveiled plans to transform
2,000 old payphones into advertising billboards despite fears
over cluttered streets.
Sky News
- New York-listed Keysight Technologies ( KEYS ) is preparing
to launch a formal offer for British cybersecurity specialist
Spirent Communications ( SPNUF ) worth roughly 200 pence a piece.
- Barclays ( JJCTF ) has apologized after customers
experienced difficulties with payments into and out of accounts,
as well as with its app, telephone and online banking services.
The Independent
- Troubled cosmetics company The Body Shop has admitted to
breaking employment law in sacking hundreds of people at a
moment's notice.
- Shell chief executive officer Wael Sawan was paid
nearly 8 million pounds ($10.09 million) last year, new figures
showed on Thursday as the oil and gas giant watered down one of
its climate pledges.
($1 = 0.7930 pounds)
(Compiled by Bengaluru newsroom)