PRESS DIGEST-British Business - February 13

Feb 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

- Close Brothers CBRO.L has set aside up to 165 million pounds($205.49 million) for potential legal and compensation costs related to the car loan commission scandal, while appealing the Court of Appeal's ruling.

The Guardian

- Labour's long-awaited industrial strategy will be published in June, with early plans for life sciences and advanced manufacturing to be released sooner to boost business confidence.

- Stake.com, the online casino sponsoring Everton FC, will give up its UK gambling license by March 11 following a regulatory review triggered by controversial promotions.

The Telegraph

- The owner of Sky, Comcast, is being investigated by the FCC over its diversity policies, with concerns that these may promote discrimination.

Sky News

- Modella Capital, the owner of Hobbycraft, is close to acquiring The Original Factory Shop (TOFS) after talks with a rival bidder stalled, potentially ending TOFS's 17-year ownership by Duke Street.

- Barclays is awarding shares worth about £500 each to 90,000 employees, reflecting CEO CS Venkatakrishnan's pro-share ownership views.

The Independent

- Heathrow Airport has announced a multibillion-pound investment to expand Terminals 2 and 5 and improve infrastructure, with plans to submit a proposal for a third runway by summer.

($1 = 0.8030 pounds)