PRESS DIGEST-British Business - June 19
June 19 (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
- AO World AO.L CEO John Roberts has warned that the electricals retailer could shut its loss-making contract mobile phone business within two months unless it strikes a more profitable deal with network providers.
The Guardian
- The foreign ministers of the UK, France and Germany are planning to meet the Iranian foreign minister, Abbas Araghchi, in what could represent a potential diplomatic breakthrough after five days of Israeli bombing.
The Telegraph
- Mike Ashley's Frasers Group FRAS.L has pulled out of the race to buy Revolution Beauty REVB.L, raising fresh questions over the future of the struggling cosmetics brand.
Sky News
- Spain's Banco Santander SAN.MC has expressed interest in buying rival Sabadell's SABE.MC British unit TSB.
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