PRESS DIGEST-British Business - May 13

May 13 (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

- Bank of England rate-setter Megan Greene has said that U.S. President Trump's tariffs will put downward pressure on UK inflation.

- The majority of Britain's biggest workplace pension funds including Aviva AV.L, Legal & General, Phoenix and Royal London have pledged to increase their investments in the UK by 25 billion pounds ($33 billion) after pressure from the government to support the economy.

The Guardian

- Britain's Cobalt Holdings said it will raise 174 million pounds in a rare stock market float in London, in a bet on demand for car batteries that defies investor nerves around the growth in electric cars.

- The days of viewing Britain as "a global charity" are over, the new development minister, Jenny Chapman, will tell MPs, in remarks that are likely to prove a controversial defence of the large-scale aid cuts she is about to oversee.

The Telegraph

- U.S. President Donald Trump has claimed that the European Union is "nastier" than China as he switched the focus of his global trade war.

- An electrical substation fire caused much of the London Underground to grind to a halt on Monday, leading to misery for commuters.

Sky News

- British police are investigating an overnight fire at a house belonging to Prime Minister Keir Starmer in north London in which nobody was hurt.

($1 = 0.7579 pounds)