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PRESS DIGEST-British Business - October 8
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PRESS DIGEST-British Business - October 8
Oct 7, 2025 9:08 PM

Oct 7 (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

Lenders have been told by the Financial Conduct Authority to

brace for an 11 billion pound ($14.73 billion) hit from the car

loan misspelling scandal.

The search for a buyer for Lynn Forester de Rothschild's

significant minority stake in The Economist Group has kicked

off, which could fetch about 400 million pounds ($535.56

million).

The Guardian

Video game chat platform Discord said it suffered a data

breach, informing users that their personal information was

compromised.

The Telegraph

The European Union is threatening Britain's steel industry

with tariffs of up to 50 per cent in a dispute that could derail

attempts to reset relations with Brussels.

The International Monetary Fund has warned that Western

governments must raise pension ages to stop spending and debt

from spiralling out of control.

Sky News

Keir Starmer has said the government will not relax visa

rules for India, as he embarks upon a two-day trade trip to

Mumbai.

The Independent

Marks & Spencer ( MAKSF ) is set to close 11 cafes across its

smaller food shops as part of an ongoing shake-up of its retail

estate.

Metro Bank ( MTRBF ) suffered major problems with its payment

services, leaving some customers unable to send or receive money

on its app.

($1 = 0.7469 pounds)

(Compiled by Bengaluru newsroom)

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