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Press Digest: British Business - September 12

Sept 12 (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

     Marks & Spencer MKS.L technology chief Rachel Higham is to leave the company only a few months after the retailer was hit by a devastating cyberattack.

Centaur Media CAU.L sells The Lawyer magazine for 43 million pounds as it seeks to unlock “maximum shareholder value” from its array of media brands.

The Guardian

     John Lewis Partnership, which operates 36 department stores and more than 300 Waitrose supermarkets said its losses nearly tripled to 88 million pounds in the first half of this year, as it took a hit from restructuring costs as well as new tax and regulatory charges.

ChatGPT, which has an estimated 700 million global users, could start calling the authorities when young users talk seriously about suicide, co-founder Sam Altman said.

The Telegraph

     Paramount Skydance PSKY.O is preparing a bid to buy Warner Bros Discovery WBD.O, potentially bringing together two storied Hollywood studios and reshaping the entertainment industry.

Sky News

     Europe's largest cinema operator Vue will on Friday announce the appointment of James McArthur as its chief financial officer as its owners pave the way for an eventual stock market listing.

     P&O Ferries has recruited Kasper Moos, a former DFDS executive, to replace chief executive Peter Hebblethwaite.

The Independent

     Online retailer THG, which runs brands including Myprotein and Cult Beauty, reported weaker profits after being knocked by high whey protein costs and slower trading in its beauty business over the first half.

($1 = 0.7395 pounds)

 (Compiled by Bengaluru newsroom)

 ((globalnewsmonitoring@thomsonreuters.com))

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