PRESS DIGEST-British Business - December 12

Dec 12 (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

- Drax Group DRX.L said it could convert part of its power station in Yorkshire, northern England, into a data centre as soon as 2027, using land, cooling systems and transformers once dedicated to coal generation.

- Dutch fintech Mollie buys British rival GoCardless for 1.05 billion euros ($1.23 billion), adding focus on bank payments to its existing financial services.

The Guardian

- Temu's European headquarters in Dublin were raided by EU regulators last week on concerns about potential Chinese state subsidies granted to the online retailer, a subsidiary of China's ecommerce giant PDD Holdings shop PDD.O.

The Telegraph

- Former Entain ENT.L CEO Kenny Alexander has accused a Labour peer and Britain's gambling regulator of colluding to block his bid for casino operator 888, even as current owner Evoke EVOK.L said it is reviewing options including a potential sale of the business.

Sky News

- Daily Mail owner DMGT is in talks with NatWest Group NWG.L to secure financing for its roughly 500 million pound ($669.50 million) bid for The Daily Telegraph.

The Independent

- Fast-food chain Burger King UK plans to open 30 new restaurants a year from 2026, even as it grapples with weak consumer sentiment and rising labour costs.

($1 = 0.8523 euros)

($1 = 0.7468 pounds)