PRESS DIGEST-British Business - Aug 28

Aug 28 (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

- The UK Treasury is considering a tax increase for landlords in an attempt to boost revenue by targeting "unearned income" in finance minister Rachel Reeves's budget.

- The Net-Zero Banking Alliance said that it was suspending its activities while its remaining signatories decide on a proposal to abandon its membership-based structure.

The Guardian

- Britain's Thames Water said the regulator Ofwat had given it some breathing space to repay 123 million pounds ($166.16 million) worth of fines, as it continues to try to secure new funding to avoid temporary government nationalisation.

- Budget carrier Ryanair RYA.I will pay airport staff increased and unlimited bonuses of 2.50 euros ($2.93) for every non-compliant carry-on bag they take from passengers, the airline's CEO, Michael O'Leary said.

The Telegraph

- Eli Lilly LLY.N has temporarily paused shipments of its weight-loss drug Mounjaro in the UK, ahead of a new price hike for the treatment set to come into effect starting next month.

- Greg Jackson, the founder of Octopus Energy has been appointed as one of three non-executive members of the Cabinet Office, an influential role advising the British Government.

Sky News

- Apollo Global Management APO.N, owner of The Restaurant Group, has held early-stage talks with advisers to The Coca-Cola Company KO.N as it explores a sale of coffee chain Costa.

- Chicken shop Chick-fil-A says it will open its the first of three new shops in England in Leeds, with others follow in London and Liverpool.

The Independent

- The leader of Britain's right-wing Reform UK party, Nigel Farage has rowed back on plans to deport children as part of Reform UK's strategy to tackle migration.

($1 = 0.7402 pounds)

($1 = 0.8542 euros)