PRESS DIGEST-British Business - January 26
Jan 26 (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
- Housing tycoon Jeff Fairburn and hedge fund Elliott are taking Lloyds Banking Group LLOY.L to the High Court in a multimillion-pound row over who should foot the bill for houses that fail to meet post-Grenfell fire safety requirements.
The Guardian
- The UK and nine other European countries have agreed to build an offshore wind power grid in the North Sea in a landmark pact to turn the ageing oil basin into a "clean energy reservoir".
The Telegraph
- Jaguar Land Rover TATM.NS is exploring plans to develop a new petrol-powered engine. The company is reportedly drawing up proposals for a vehicle powered partly by a combustion engine, despite earlier pledges to go "all electric".
Sky News
- One of Britain's most prominent online beauty retailers, Beauty Bay is exploring options to raise new funding through a process that could lead to an outright sale.
- Britain's largest operator of private hospitals, Spire Healthcare Group SPI.L is in talks with a pack of buyout firms about a takeover that would result in it becoming the latest FTSE-250 company to disappear from the London stock market.
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