PRESS DIGEST-British Business - June 24

June 24 (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

- Amazon AMZN.O has deepened its commitment to Britain, with the e-commerce giant saying it plans to invest 40 billion pounds ($54.19 billion) over the next three years, a move the UK government hailed as a vote of confidence in its economic policies.

- Precision instruments maker Spectris SXS.L agreed to a 4.4 billion pound debt-inclusive takeover deal by private equity firm Advent over a rival proposal from KKR KKR.N, marking the biggest acquisition in Britain this year.

The Guardian

- British Prime Minister Keir Starmer pledged on Monday to boost overall defence and security spending to 5% of economic output by 2035 to meet a NATO target and make the country more competitive and resilient in a new era of "radical uncertainty".

- Volodymyr Zelenskiy and British Prime Minister Keir Starmer announced a new defence co-production initiative on Monday during a short visit by the Ukrainian president to London to discuss his country's defence against Russia.

The Telegraph

- Ukrainian President Volodymyr Zelenskiy met King Charles at Windsor Castle where the two shook hands for cameras on what was their third meeting this year and the latest gesture of Charles', and Britain's, support for Ukraine.

Sky News

- Britain's industrial strategy made public on Monday will reduce green levies, lowering energy bills for thousands of companies to try to make steel companies and other manufacturers more competitive.

- Health and beauty retailer Bodycare is close to announcing a new debt financing deal with the private equity investor Aurelius.

($1 = 0.7382 pounds)