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PRESS DIGEST-British Business - Nov 26

Nov 26 (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


- TSB Bank said it will shut 82 of its 540 branches by next year, putting between 300 and 400 jobs at risk. http://bit.ly/2DcZSr7


- Wincanton Plc has decided to drop plans to take over Eddie Stobart Logistics Plc. http://bit.ly/2OJ4la7

The Guardian


- Mike Ashley's Sports Direct International Plc has announced plans to rebrand itself as Frasers Group. http://bit.ly/2KVoh8H


- Former Barclays Plc executive Roger Jenkins told a jury he developed a "close" relationship with Qatar's prime minister in 2008, just months before the lender and Gulf state struck a controversial services deal that is now at the centre of a criminal trial. http://bit.ly/2Dd4m0S



The Telegraph


- CityFibre is attempting to tear up its exclusive partnership with Vodafone Group Plc, after it is at risk of losing out on major contracts as a result of exclusivity clauses and is seeking concessions from Vodafone. http://bit.ly/2XKRcl4


Sky News


- National Grid Plc will unveil a further step in its efforts to reduce its pension liabilities this week when it strikes a 1.6 billion pound ($2.05 billion) deal with Legal & General Group Plc (L&G). http://bit.ly/2KScnN1


- Uber Technologies Inc has been stripped of its London operating licence by regulator Transport for London (TfL) over a series of breaches that put passenger safety at risk. http://bit.ly/2QNWKtw

($1 = 0.7794 pounds) (Compiled by Bengaluru newsroom)