PRESS DIGEST-British Business - September 3
Sept 3 (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
- British luxury carmaker Jaguar Land Rover said its retail and production activities have been severely disrupted following a cyber incident.
- British retailer John Lewis Partnership named Tesco executive Tom Denyard as the managing director of its supermarket business Waitrose, effective January 2026.
The Guardian
- British Prime Minister Keir Starmer has drawn up a list of Labour allies to be elevated to the House of Lords to help drive through legislation such as the bill scrapping hereditary peers, which has been obstructed by the Conservatives.
- Britain's Home Office is set to reach out to around 130,000 international students and their families, warning that those without a legal right to remain will be required to leave the country.
The Telegraph
- British supermarket chain Asda considers a bid for Costa Coffee after Britain's biggest coffee chain was put up for sale.
- French energy giant EDF confirmed that the Heysham 1 plant in Lancashire and the Hartlepool plant in Teesside would have their retirements delayed by one year, to March 2028.
Sky News
- The group of Thames Water lenders aiming to rescue the company have set out plans for 20.5 billion pounds ($27.69 billion) of investment to bolster performance.
- British government's spending watchdog said the total cost of relocating Afghan nationals to the country under the Afghanistan Response Route (ARR) scheme is estimated to be more than 2 billion pounds ($2.70 billion).
($1 = 0.7402 pounds)
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