PRESS DIGEST- British Business - Oct 2

Reuters

Oct 2 (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 Times

PROFIT IS NOT A DIRTY WORD, SAYS CAMERON

Profit is not a dirty word, David Cameron will say today, ashe mounts a passionate defence of big business.

ROYAL MAIL SET TO DEBUT AT 340P, SAY BOOKMAKERS

Spread-betting firms operating a so-called grey market inRoyal Mail shares - a bet on what the price will be at the closeof its debut day's trading on Friday week - were indicating lastnight that the shares could hit 340 pence.

The Telegraph

REGULATORS TO HAVE POWER TO EJECT BANK BOSSES UNDER STRESSTEST PLANSBank bosses could be ejected by regulators if they fail tobullet-proof their companies against economic shocks.

The Guardian

BANKERS FACE JAIL TERM FOR 'RECKLESS MISCONDUCT'Government's proposed new offence could mean term of up to sevenyears, although reform bill not expected until 2014.

POUNDLAND TO OPEN 500 NEW UK STORES AND EXPAND INTO MAINLANDEUROPEDiscount retailer likely to float on London stock exchange nextyear in wake of 15 percent sales rise.

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