PRESS DIGEST-British Business - September 24

Sept 24 (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

- Amazon.com AMZN.O said it planned to close all of its 19 Amazon Fresh UK convenience grocery stores, putting around 250 jobs at risk.

- Revolut, the fast-growing UK-headquartered digital bank, has pledged to invest 3 billion pounds ($4.05 billion) in Britain over five years, creating 1,000 new jobs.

The Guardian

- The UK manufacturing sector posted a sharp decline in output this month as Britain's biggest carmaker, Jaguar Land Rover, suffered a cyber-attack and paused production, a shutdown that will drag on into October.

- The UK is expected to suffer the highest inflation among G7 nations this year, the Organisation for Economic Co-operation and Development has said.

The Telegraph

- Tax inspectors have already started raiding the bank accounts of those who choose not to pay their bills, UK government's department of revenue and customs (HMRC) has admitted.

- Home improvement retailer Kingfisher's KGF.L chief has warned UK finance minister Rachel Reeves that a looming property tax raid will unfairly impact high-street stores.

Sky News

- Antin Infrastructure Partners ANTIN.PA is in negotiations to acquire Aquavista, which owns more than 30 marinas around the UK.

- Digital start-up Triver, which was founded in 2023, will announce the completion of a 14 million pound Series A equity fundraising led by US-based investor AlleyCorp.

The Independent

- Britain's energy regulator Ofgem will require all major suppliers to offer lower standing charge tariffs by the end of January 2026; however the move is unlikely to reduce overall bills.

($1 = 0.7400 pounds)