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PRESS DIGEST-British Business - July 28

ReutersJul 28, 2025 2:17 AM

- 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

- U.S. President Donald Trump said the United States and the European Union had reached an agreement on a trade deal that includes a 15% tariff on EU goods entering the U.S. and significant EU purchases of U.S. energy and military equipment.

- The UK's biggest new artificial intelligence data centre risks causing sewage pollution and there is not enough water to supply it, water company Anglian Water has warned.

The Guardian

- Hundreds of civil servants are being transferred from the Department for Transport to the state-owned rail operator as the government looks to cut Whitehall posts and overhaul the railways.

- British Conservative and Liberal Democrat peers have been accused of trying to block stronger rights for millions of workers amid a growing campaign by business leaders to water down Labour's zero-hours contract plans.

The Telegraph

- Thames Water has warned that plans to build 100 new data centres across London and the South East will pile more pressure on its creaking infrastructure.

- French submarine maker Naval Group is investigating a potential cyber attack after hackers claimed to have obtained sensitive data about the country's nuclear submarines.

Sky News

- The 10-billion-pounds payments company Wise WISEa.L is poised to win a resounding triumph in a battle with its co-founder over plans to shift its primary stock market listing to the United States.

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