PRESS DIGEST-British Business - July 17

July 17 (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

- Barclays BARC.L was fined 39.3 million pounds ($52.60 million) by the British Financial Conduct Authority for failing to manage money-laundering risks in its dealings with Stunt & Co, despite knowing of multiple risks.

The Guardian

- City leaders warned British Chancellor Rachel Reeves that her plan to cut financial red tape may offer little benefit to households, while heightening banking sector risks.

The Telegraph

- Reform UK's energy spokesman Richard Tice has warned chief executives of major wind and solar firms, including SSE Renewables SSE.L, Octopus Energy, Centrica CNA.L, and Equinor EQNR.OL, that a Reform government would terminate their green energy subsidies.

- Co-op 42TE.L CEO Shirine Khoury-Haq confirmed that hackers stole the names, addresses, and contact details of all 6.5 million members in a cyber attack earlier this year.

Sky News

- Technology firm NCC Group NCCG.L has initiated a strategic review that could lead to the sale of both of its remaining divisions, with Rothschild bankers engaged to explore options for the cybersecurity arm.

- British spirits maker Diageo DGE.L CEO Debra Crew has stepped down by mutual agreement after two years in the role.

The Independent

- British Prime Minister Keir Starmer suspended at least three Labour MPs for repeated rebellions after a backbench revolt over welfare cuts left a 5-billion pound gap in public finances.

($1 = 0.7471 pounds)