PRESS DIGEST-British Business - July 2

July 2 (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

- AstraZeneca AZN.L chief executive Pascal Soriot is considering moving the company's stock market listing to the United States.

- Spain’s Sabadell SABE.MC is to sell TSB, its UK arm, to its rival Santander SAN.MC for 2.65 billion pounds ($3.6 billion) in cash, beating Barclays BARC.L, which also submitted a formal bid.

The Guardian

- Marks & Spencer’s MKS.L online business should be running “fully” within the next four weeks, its CEO said, as the retailer recovers from a damaging cyber-attack.

- The struggling English utility Southern Water has secured investment worth up to 1.2 billion pounds in a deal led by its majority owner, Macquarie Group MQG.AX, which will help it avoid a breach of its regulatory licence.

The Telegraph

- British Prime Minister Keir Starmer won a vote on his welfare plans on Tuesday at significant political cost as he suffered the biggest parliamentary rebellion of his premiership and was forced to back down on key parts of the package.

Sky News

- Britain's Heathrow Airport is working with head-hunters at Russell Reynolds Associates to find a new chairman as incumbent Paul Deighton's term nears its conclusion.

- Private equity firm Clayton Dubilier & Rice is among the bidders exploring a takeover of Castrol, BP's BP.L lubricant arm which has been put up for sale for about $8 billion.

($1 = 0.7277 pounds)