PRESS DIGEST-British Business - July 7

July 7 (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

- A 400-million-pound ($546.00 million) project that will be the first to capture emissions from making cement in Britain will get the go-ahead within weeks, Heidelberg Materials' HEIG.DE owner has said.

- Administrators of the alleged Fortress Capital Partners "Ponzi scheme" have described a second insolvency proposal to take control of the unregulated investment firm as "highly speculative".

The Guardian

- Britain's Nationwide Building Society NBS.L is under fire for refusing to give members a binding vote on a 43% pay rise for its chief executive, Debbie Crosbie, that could mean her pay package reaches up to 7 million pounds.

- British ministers are facing fresh calls to scrap VAT on all repaired and refurbished electronics, with businesses, charities and community groups arguing the move would help households cut costs and stop electrical goods being binned prematurely.

The Telegraph

- A London-bound Eurostar train from Brussels stopped between Lille and Calais in northern France because of a power failure.

Sky News

- Digital wallet provider Hyperlayer is close to finalising a round led by investment firm CDAM valuing it at about 160 million pounds.

($1 = 0.7327 pounds)