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PRESS DIGEST-British Business - September 15
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PRESS DIGEST-British Business - September 15
Sep 14, 2025 5:15 PM

Sept 14 (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

Sainsbury's ( JSNSF ) has rejected a revised bid from one of

China's biggest retailers, JD.com ( JD ), for Argos, 24 hours

after talks were revealed.

Stellantis UK has set aside 37 million pounds

($50.1 million) as it braces itself for a hit from the

misspelling scandal engulfing the motor loans industry.

The Guardian

Andrew Bailey has been urged by former Bank of England

policymakers to ease pressure on the government's borrowing

costs by cutting back its bond-selling plans.

The Telegraph

UK Prime Minister Keir Starmer and U.S. President Donald

Trump plan to sign a quantum computing pact designed to counter

China's attempts to master the breakthrough technology.

Boohoo is facing a showdown at its shareholder

meeting this week, after two influential advisory groups urged

investors to vote against its executive pay proposal.

Sky News

The UK government has announced more than 1.25 billion

pounds ($1.69 billion) in private U.S. investment in the UK's

financial services sector ahead of U.S. President Trump's second

state visit.

UK and U.S. firms announced five new commercial deals,

including for a new nuclear power plant in Hartlepool, before

President Trump's arrival in the UK on Tuesday.

The Independent

Sainsbury's ( JSNSF ) has issued a recall for two varieties

of its own-brand hummus over fears they may contain E coli.

Primark's George Weston issued a stark warning to the

government, branding proposed changes to business rates as

"mistaken" and a significant burden on UK high street retailers.

($1 = 0.7382 pounds)

(Compiled by Bengaluru newsroom)

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