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PRESS DIGEST-British Business - Dec 8

Dec 8 (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

- Darktrace investors have pushed back against the continued involvement in the business of Mike Lynch, the investor who is facing a trial for fraud in the United States, by voting his representative off the company's board.

The Guardian

- The UK's biggest mobile phone companies face a 3.3 billion pounds ($4.15 billion) class action lawsuit alleging that long-standing customers are being ripped off by "loyalty penalties", under which the same services are offered to new customers at a better price to lure them from rivals.

- Somerset Capital Management, the investment firm co-founded by Jacob Rees-Mogg, has said it will be wound down, days after it emerged it had lost two-thirds of its assets and its largest client.

The Telegraph

- Britain has given Rwanda an extra 100 million pounds ($125.88 million) this year – on top of the 140 million pounds already paid – before any asylum seekers have been deported to the country.

Sky News

- Coco di Mama owner is to begin testing buyers' appetite for a deal next year in a move that could see chains such as Ask and Coco di Mama changing hands.

The Independent

- Pioneering British writer and poet Benjamin Zephaniah, who used humour and wit to address political injustices, has died aged 65.

($1 = 0.7944 pounds) (Compiled by Bengaluru newsroom)

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