PRESS DIGEST- British Business - Nov 4

Reuters

Nov 4 (Reuters) - The following are the top stories on thebusiness pages of British newspapers. Reuters has not verifiedthese stories and does not vouch for their accuracy.

The Telegraph

CENTRICA THREATENING TO PULL PLUG ON 2-BLN-STG OFFSHORE WINDFARM PLAN

British Gas owner Centrica prepares to abandon2-billion-pound offshore wind farm plan because subsidiesoffered by the government are too low. ()

MERLIN ENTERTAINMENTS CLOSES INSTITUTIONAL SHARE OFFER EARLY

Merlin Entertainments , the owner of MadameTussauds and Alton Towers, is bringing forward the closing dateof its share offer to institutions after strong demand. ()

The Guardian

BRITAIN'S ECONOMIC GROWTH TO QUICKEN BUT WAGES STAY FLAT,ACCORDING TO POLL

Britain's recovery will accelerate over the coming monthsand into the new year after a strong rise in businessconfidence, according to two surveys of company bosses. But wagerises are likely to remain below inflation, fuelling concernthat living standards will fall for a sixth year after thefinancial crash. ()

GREECE RELIEVED AS TROIKA AGREES TO RETURN TO COUNTRY

Greece is set to resume talks with the men who hold the keysto its financial stability after mission heads representing theEuropean Union, the European Central Bank and InternationalMonetary Fund said they would meet government officials inAthens on Tuesday in a move that ends days of drama over whetherthey would come at all. ()

The Times

CO-OP POURS CASH INTO BANK TO CLEAR WAY FOR HEDGE FUNDS

The Co-operative Group will on Monday detail aplan to inject hundreds of millions of pounds into its embattledbank as part of a 1.5-billion-pound rescue that means it willcede control of the lender to a group of American hedge funds.()

CAMERON'S REVIEW PUTS BRAKE ON HS2 COSTS

David Cameron has ordered savings to be found from thebudget of the controversial HS2 rail line in an attempt to headoff a rebellion over the project. ()

The Independent

CAMPAIGN UNVEILED TO INSPIRE YOUNG TO GO INTO ENGINEERING

A report out on Monday calls on parents, teachers, employersand the Government to pull together to inspire the young tobecome engineers and address the chronic shortage of engineeringskills needed to grow the UK economy. ()

M&A DEALS 'ARE SET TO GATHER PACE'

City executives expect merger and acquisition activity topick up over the next few months although deals are expected tobe smaller and made in foreign markets like Brazil and SouthAfrica, a report will claim on Monday. ()

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