PRESS DIGEST-British Business - November 27

Nov 27 (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

- Many Businesses will be able to offer tax breaks to investors and staff as part of a package of measures focused on 44,000 of Britain's most promising, fast-growing companies.

- Homeowners living in properties worth more than 2 million pounds ($2.65 million) will pay thousands of pounds more in tax each year after the British finance minister Rachel Reeves unveiled plans for a new mansion tax.

The Guardian

- British finance minister Rachel Reeves targeted Britain's wealthiest households with a 26 billion pounds tax-raising budget to fund scrapping the two-child benefit policy and cutting energy bills.

- Ministers have approved a development to build a 750 million pounds Hollywood-style film and TV studios in Marlow, west of London, a project that has faced local opposition and been seen as a test of Labour's appetite to prioritise economic growth.

The Telegraph

- British finance minister Rachel Reeves has refused to rule out coming back with more tax rises at next year's Budget despite announcing a fresh 30 billion pounds raid.

- Electric car sales will face a huge hit from the Government's pay-per-mile tax, the Office for Budget Responsibility (OBR) said that 440,000 fewer electric vehicles (EVs) would be sold as a result of the policy change

Sky News

- Richard Hughes, the chair of the Office for Budget Responsibility (OBR), has apologised and not ruled out his resignation over the accidental early release of the independent body's fiscal forecast.

The Independent

- The British Government will allow extraction of oil and gas near existing fields as it looks to expand North Sea production without issuing new licences.

- National Express owner Mobico MCG.L is cutting back-office jobs across its business as it intensifies savings efforts.

($1 = 0.7552 pounds)