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PRESS DIGEST-British Business - September 16

ReutersSep 16, 2025 3:08 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

- The UK boss of Aldi UK, Britain's fourth largest grocer, has warned Rachel Reeves that food prices could rise for shoppers if she increases costs for employers, after profits at the German discounter fell by more than a fifth.

- British startup Oxford Quantum Circuits is pairing its Genesis quantum computer with Nvidia NVDA.O chips at a secure Digital Realty facility to power New York’s first quantum-AI data centre, set to open next week and aimed at helping Wall Street banks fight fraud.

The Guardian

- A new Google GOOGL.O datacentre in Essex is expected to emit more than half a million tonnes of carbon dioxide a year, equivalent to about 500 short-haul flights a week, planning documents show.

- Hackers have stolen the private details of potentially millions of customers from luxury brands Gucci, Balenciaga and Alexander McQueen in an attack on the labels' French parent company Kering PRTP.PA.

The Telegraph

- British philanthropist Lynn Forester de Rothschild is weighing up the sale of a 20 percent stake in The Economist for as much as 400 million pounds ($544.20 million).

- Jaguar Land Rover's suppliers have been warned that car production may not resume until November as the fallout from a cyber attack grows.

Sky News

- Blackstone BX.N, the private equity giant which owns stakes in Legoland and swathes of British real estate, will this week pledge to invest 100 billion pounds in UK assets over the next decade during U.S. President Trump's state visit.

- UK and U.S. firms announced five new commercial deals, including for a new nuclear power plant in Hartlepool, before President Trump arrives in the UK on Tuesday.

($1 = 0.7350 pounds)

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