Aug 5 (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.
- Pizza Express has been put up for sale after a restructuring deal with bondholders that will result in the closure of about 70 restaurants and the loss of up to 1,100 jobs. https://bit.ly/2Xt1Q0N
- BP Plc has won over investors with an ambitious new green energy strategy as it pledged to increase its low-carbon investment tenfold over the next decade to $5 billion a year and said that its oil and gas output would decline by at least a million barrels per day. https://bit.ly/2PooYtd
- Virgin Atlantic has declared itself bankrupt and is seeking protection from creditors in the United States, according to a court filing in New York on Tuesday. https://bit.ly/3kd3Jc0
- Dixons Carphone PLC is getting rid of 800 managers in its stores as it continues to cut costs despite benefiting from a surge in demand for laptops, monitors, and games consoles during the lockdown. https://bit.ly/2BXpfjt
- UK Finance Minister Rishi Sunak is considering an increase in business rates for the "most valuable properties", with fears being raised that the move could hurt firms already struggling amid the effects of the coronavirus crisis. https://bit.ly/33tH1qa
- Jonson Cox, chairman of Britain's water regulator Ofwat, is joining board of OVO Energy, the latest entrant to the handful of companies which dominate the gas and electricity sector. https://bit.ly/3fnR8yU (Compiled by Bengaluru newsroom)