May 8 (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

- Britain's trade deal with India will result in a 200

million pounds ($266.90 million) annual tax revenue loss and

ease Indian firms' ability to bring workers to the UK, a

Treasury analysis found.

The Guardian

- British Steel plans to recruit over 180 workers, with 165

jobs in Scunthorpe and 17 in Teesside and Skinningrove, to boost

iron and steel production at its two blast furnaces, marking its

first output increase since a government bailout.

- Danish wind power giant Orsted has abandoned

its Hornsea 4, one of the Britain's largest offshore windfarms

off the Yorkshire coast, due to escalating global supply chain

costs.

The Telegraph

- U.S. President Donald Trump is set to announce a trade

deal with Britain on Thursday morning in the Oval Office,

marking a significant win for British Prime Minister Keir

Starmer as the first nation to secure an agreement.

- HSBC ( HSBC ) is bracing for a potential shortage of up to

7,700 desks at its new City of London headquarters near St

Paul's Cathedral in 2027, as the bank mandates staff return to

the office three days a week.

Sky News

- Modella has advanced to the second stage of bidding for

struggling discounter Poundland, among a shortlist of contenders

notified in recent days.

- Iran firmly rejected claims that its nationals were

involved in an alleged plot to target the Israeli embassy in

London, with Foreign Minister Seyed Abbas Araghchi denying any

involvement in a statement on X.

The Independent

- Britain is poised to agree on a post-Brexit youth mobility

scheme with the EU, a key step toward repairing strained

relations, meeting demands from European nations and Brussels to

foster closer ties.

($1 = 0.7493 pounds)

(Compiled by Bengaluru newsroom)