PRESS DIGEST-British Business - May 30
May 30 (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
UK Prime Minister Keir Starmer has given his strongest hint yet that he will concede ground on the two-child taxation benefit cap as he said he was "determined to drive down child poverty."
The Guardian
The UK is set to sign a 1.6 billion pound ($2.16 billion)trade agreement with Gulf states, amid warnings that the deal makes no concrete provisions on human rights, modern slavery or the environment.
Governor Andrew Bailey has urged the UK government to deepen ties with the European Union, as a breakdown in global trade would make it harder for the Bank of England to control inflation.
The Telegraph
A bid to acquire The Telegraph by Dovid Efune, which includes funding from the hedge fund manager Jeremy Hosking, has been ruled out.
Chinese cyber criminals have been accused of targeting two National Health Service hospitals as part of an alleged espionage campaign orchestrated by Beijing.
Sky News
The UK government is preparing to sell the final publicly owned shares in NatWest Group NWG.L on Friday, drawing a line under one of the world's biggest bank bailouts after nearly 17 years.
Britain's biggest pensions insurance specialist, Rothesay, has joined the race to buy the 999-year lease of the O2, London's best-known entertainment venue.
The Independent
Haribo has recalled packets of Happy Cola F!ZZ alleged to have contained cannabis after several members of the same family in Netherlands fell ill.
($1 = 0.7419 pounds)
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