PRESS DIGEST-British Business - March 27

March 27 (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

- UK warehouse landlord Urban Logistics Reit Plc SHED.L was served with a requisition notice from shareholders led by Christopher Mills and his business partner Robert Naylor calling for the removal of the company's chairman Nigel Rich.

- Defence group Babcock BAB.L said it had secured a five-year contract worth around 1 billion pounds ($1.29 billion) from the UK Ministry of Defence to maintain tanks, armoured vehicles and other equipment for the British Army.

The Guardian

- Major investors, including Axa and Scottish Widows, are backing shareholder resolutions pressing retailers Next NXT.L, Marks & Spencer MKS.L and JD Sports JD.L to increase pay for thousands of workers.

The Telegraph

- U.S. President Donald Trump on Wednesday unveiled a 25% tariff on imported cars and light trucks starting next week, widening the global trade war he kicked off upon regaining the White House this year in a major blow to the UK and Europe.

- Eurosceptic UK politician Nigel Farage and NatWest Group NWG.L have settled their dispute over the bank's handling of a decision to close Farage's accounts, according to a joint statement released on Wednesday.

Sky News

- The Chinese owner of British Steel has rejected a 500 million pound state rescue package aimed at facilitating the company's transition to green steel production, in a move which raises fresh doubts about thousands of steel industry jobs.

($1 = 0.7748 pounds)