PRESS DIGEST-British Business - April 8
April 8 (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
A 56-billion-euro ($65.41 billion) bid has been tabled by Bill Ackman, the billionaire hedge fund manager, for Universal Music Group UMG.AS in a deal that would switch the listing of the world's largest music label from Amsterdam to New York.
HMS Dragon, a Type-45 destroyer, the sole Royal Navy warship sent to protect British bases from Iranian drones and missiles has returned to port for maintenance.
The Guardian
JP Morgan Chase JPM.N has reached an agreement with London City airport to build one of Europe's tallest office towers in the Canary Wharf financial district.
A former worker at Meta META.O in London is under criminal investigation on suspicion of downloading about 30,000 private Facebook images.
The Telegraph
London has raised the alarm about damaging new rules from Brussels that threaten to raise costs for British banks and restrict the ability of banks outside the European Union to offer banking services to companies based in the bloc.
Sky News
Tritax BBOXT.L, which manages roughly 9 billion pounds ($12.06 billion) worth of logistics and supply chain real assets, is in advanced talks with Blastr, a Norwegian green steel group, about backing its bid for Speciality Steel UK, Britain's third-biggest steelmaker.
($1 = 0.8561 euros)
($1 = 0.7463 pounds)
