PRESS DIGEST-British Business - Jan 22

Jan 22 (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

- Frasers Group FRAS.L, owned by British retail tycoon Mike Ashley, has failed to oust Boohoo's BOOH.L co-founder Mahmud Kamani from the board after the fast-fashion group's shareholders voted against the move on Tuesday.

- Britain is and will remain a core market for Santander SAN.MC, its executive chair Ana Botin said at the World Economic Forum annual meeting in Davos.

The Guardian

- The chair of the UK Competition and Markets Authority (CMA), Marcus Bokkerink, has stepped down from his post, the competition regulator said.

- British finance minister Rachel Reeves' plan to support a third runway at Heathrow and expand Gatwick and Luton airports has been labeled "desperate" by Greenpeace UK's policy director Doug Parr, amid opposition from within Labour.

The Telegraph

- Motorists risk missing out on 30 billion pounds ($36.98 billion) in compensation after British finance minister Rachel Reeves intervened in a landmark car loan mis-selling case in an effort to shield the motor finance industry, as the Treasury warned Supreme Court judges that siding with drivers could harm the economy.

- UK Energy Secretary Ed Miliband warned U.S. President Donald Trump that the rise of net zero is "unstoppable," hours after Trump vowed to withdraw the U.S. from the Paris climate agreement, emphasizing the need for clean energy to reduce Britain's reliance on volatile fossil fuel markets.

Sky News

- British pay growth stayed stubbornly strong in the three months to November but there were more signs of a softening jobs market, according to data on Tuesday that reinforced the current outlook for Bank of England interest rates.

($1 = 0.8112 pounds)

(Compiled by Bengaluru newsroom)

((globalnewsmonitoring@thomsonreuters.com))