PRESS DIGEST-British Business - May 11

May 11 (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

The UK economy is on course to lose more than 160,000 jobs this year as a result of a slowdown in growth and rising energy prices, according to Item Club, a forecaster that uses the Treasury's economic modelling.

UK's share of new homes sold "off plan" before they are built has fallen to a 12-year low as buy-to-let investors leave the market and higher interest rates slow sales, new figures from Hamptons, the estate agents, show.

The Guardian

The full nationalisation of British Steel is expected to be announced in the King Charles' speech this week, a year after the UK government took over the daily running of the loss-making business from its Chinese owner.

The Telegraph

UK Health Secretary Wes Streeting has told Prime Minister Keir Starmer that he is preparing his case to be the next Prime Minister, amid mounting speculation that Starmer will have to resign.

UK's Ministry of Defence is paying millions of pounds a year to Elon Musk's Starlink as part of efforts to support Ukraine, and have spent 16.6 million pounds ($22.57 million)with Starlink, according to newly released government figures.

Sky News

Vue, Europe's largest cinema operator, has appointed investment bankers to manage a sale or stock market listing which could value it at close to 1.5 billion pounds ($2.04 billion) as it anticipates a summer box office bonanza.

($1 = 0.7356 pounds)