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PRESS DIGEST-British Business - May 14

ReutersMay 14, 2025 3:07 AM

- 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's culture secretary Lisa Nandy said that she is under no legal obligation to intervene in an Abu Dhabi-led sale of The Telegraph despite protestations from members of the House of Lords.

- CVC Capital's CVC.AS co-founder Rolly van Rappard is reportedly planning to leave the UK for Milan amid reforms to tax rules.

The Guardian

- Chlorine-washed chicken and hormone-fed beef may not be essential for a US-UK trade deal, Donald Trump's agriculture secretary has indicated.

- The Dutch climate non-profit Milieudefensie said that it will sue Shell SHEL.L for a second time to force the energy company to stop developing new oil and gas projects.

The Telegraph

- The former boss of broadband provider TalkTalk, Tristia Harrison, is bidding to become the first woman to chair Channel 4 to replace Ian Cheshire.

- Britain's Thames Water's chief executive, Chris Weston, refused to rule out imposing a hose pipe ban on London and the South East this summer amid fears that dry weather could lead to a drought.

Sky News

- British retailer Marks and Spencer MKS.L said some personal customer information was taken in the cyber attack that has crippled its online operation for more than three weeks.

- Britain's economic secretary to the Treasury, Emma Reynolds, met executives from businesses such as ClearScore, Monzo, OakNorth and Revolut to convince some of Britain's most valuable financial technology companies to list in London as "unicorns".

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