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REFILE-PRESS DIGEST-British Business - September 9

ReutersSep 9, 2025 3:03 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

- Franco-Italian carmaker Stellantis STLAM.MI will no longer pursue a target of producing only electric vehicles by 2030, said Jean-Philippe Imparato, head of enlarged Europe, adding that the European Union's carbon emissions targets for 2035 are no longer achievable for any carmaker.

- Lachlan Murdoch has taken control of his family's shares in News Corp NWSA.O and Fox FOXA.O after a reported multi-billion-dollar agreement that ends a legal battle with a number of his siblings.

The Guardian

- Britain's banks Barclays and Bank of Scotland face being sued over "unfair" mortgages that have left some people owing up to 20 times the sum they originally borrowed.

The Telegraph

- Jim Ratcliffe's energy empire has pulled all investment in Britain to focus on its United States operations as it hit out at labour's tax raid on North Sea oil and gas production.

Sky News

- Tech and finance chief executives such as Nvidia's NVDA.O Jensen Huang, OpenAI's Sam Altman, Blackrock's BLK.N Larry Fink among others are expected to attend a state banquet at Windsor Castle hosted by King Charles next week.

- Staff of Jaguar Land Rover have been told to remain off work until Wednesday as the carmaker struggles to recover from a cyber attack.

The Independent

- Food ingredients maker Treatt TET.L is to be bought by a private equity-backed rival for 156.6 million pounds ($212.4 million).

($1 = 0.7373 pounds)

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