PRESS DIGEST-British Business - May 27
May 27 (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
- British finance minister Rachel Reeves has asked unprotected departments — those outside the NHS and Ministry of Defence — to make real-terms cuts to their budgets in negotiations before the review on June 11.
The Guardian
- Food inflation in the UK has risen for the fourth month in a row, figures show, driven by increases in the cost of fresh produce, including steak. The annual rate of food price rises hit 2.8% this month, after a 2.6% rise in April.
The Telegraph
- A British fishing boat seized in the Channel by French authorities has been released. The skipper of the Lady T, who appeared in a court in Boulogne-sur-Mer on Monday afternoon, has been ordered to pay a "substantial fine."
Sky News
- Western allies are lifting range restrictions for weapons supplied to Ukraine, Germany's chancellor has announced. Previously, long-range missiles supplied to Ukraine by the U.S., the UK and France were only allowed to be used against Russian military targets in occupied Ukrainian territory.
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