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Press Digest: British Business - July 31

PRESS DIGEST-British Business - July 31

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

- England and the other European members of UEFA will boycott Fifa tournaments if Gianni Infantino goes ahead with his plan to sell stakes in the World Cup to private investors.

- Santander SAN.MC is facing legal action from staff after a backlash against its attempt to get its new TSB workforce into the office three days a week.

The Guardian

- Lloyds Banking Group LLOY.L will cut another £2 billion ($2.69 billion) of costs as part of a four-year plan under which its chief executive will use new tech and AI to drive growth.

The Telegraph

- Jaguar Land Rover TAMO.NS is cutting hundreds of jobs after last year’s crippling cyber attack.

- BP BP.L plans to cut about 700 of its non-frontline global workforce as the oil major sharpens its operational focus to bolster profits and returns.

Sky News

- The financier who backed the takeover of Newcastle United Football Club alongside Saudi Arabia's sovereign wealth fund is in talks to buy a minority stake in West Ham United, the newly relegated Championship club.


($1 = 0.7437 pounds)


(Compiled by Bengaluru newsroom)

((globalnewsmonitoring@thomsonreuters.com))

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