PRESS DIGEST- British Business - Oct 28

Reuters

Oct 28 (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

TAX OFFICIALS FACE GOOGLE QUESTIONS

Britain's top tax officials will face a public grilling fromMembers of Parliament over deals agreed with Google andother major foreign companies that allowed them to avoid payingmillions of pounds in tax. ()

RBS 'BAD BANK' DECISION LOOMS

Royal Bank of Scotland could announce this week theseparation of its non-core division into a new "bad bank"following the completion of a review into the business. ()

HEATHROW SPREADING 'SCARE STORIES' OVER INVESTORS, CLAIMSWALSH

Willie Walsh, the boss of British Airways' parent companyIAG, rebukes Heathrow over investment claimsafter a major pension fund buys a near 9 percent stake in theairport. ()

VODAFONE TO REFRESH BOARD

Vodafone is in the early stages of searching for upto three new non-executive directors as it faces a majoroverhaul of its board over the next two years. ()

The Times

SHALE GAS EXPLORER AIMING TO TAP BRITAIN FOR FUNDS AND FUEL

Singapore-based shale gas explorer Dart Energy, which lastweek teamed up with a French state-backed energy giant to drillin Britain, is heading to London's AIM stock exchange to securea listing there. ()

LADY GAGA GOES MOBILE WITH 02 DEAL

O2 has achieved a coup in the race to attract 4Gusers after the mobile phone company signed an exclusive dealwith LadyGaga. The singer's new album, ARTPOP, will beavailable to O2 Tracks users from Nov. 6 - six days before itsofficial release. ()

A BIG DOLLOP OF REVENGE SERVED COLD BY MCDONALD'S

McDonald's fans who love a dollop of Heinz ketchup on their Big Mac or french fries may have to adjusttheir palates after the fast food chain ended a 40-yearrelationship with the condiment maker due to its long-runningfeud with Burger King. ()

The Independent

LLOYDS HEAD ANTONIO HORTA-OSORIO TO SEE 2.5 MLN STG BONUS ATBAILED-OUT BANK

The chief executive of taxpayer-backed lender Lloyds BankingGroup is on course to seal a multi-million pound bonuspayout next month. ()

ABSENT UK BOSS ADDS TO SERCO'S WOES

The head of the Serco's scandal-scarred divisionresponsible for British government contracts, is currentlyabsent from work, adding to the group's leadership crisis. ()

View Comments (0)