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9973 Chery Automobile Co News Story

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Press Digest: British Business - May 14

May 14 (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

- Munich-based insurer Allianz's lawyers said suing pro-Palestinian activists for 280,000 pounds ($378,616) was the only way to recover damages after they allegedly splashed paint on its offices in London and Guildford.

     - The high street pharmacy chain Boots has chosen Alex Baldock, the outgoing chief executive of Currys CURY.L, to lead the UK business as it gears up for a potential 7 billion pounds London stock market listing.

The Guardian

- Nissan 7201.T CEO Ivan Espinosa has confirmed he would consider building cars for other manufacturers at the UK's largest car factory in Sunderland, amid talks with China's Chery.

- The laboratory testing company Intertek ITRK.L has become the latest FTSE 100 business to agree to a takeover, backing a 10.6 billion pounds approach from a private equity firm EQT EQTAB.ST owned by Sweden's billionaire Wallenberg family.

The Telegraph

- The chief executive of one of Britain's biggest car dealerships Robert Forrester, boss of Vertu Motors VTU.L, has said "delusional' electric vehicle targets are damaging the economy.

Sky News

     - Aermont, the investor behind Pinewood Studios, is the frontrunner to acquire Park Holidays, one of the UK's largest staycation operators, from its New York-listed owner.

The Independent

- Two ads promoting British beef and milk have been banned after television presenter and environmental campaigner Chris Packham complained that they misled consumers about the products' carbon footprints.

     ($1 = 0.7395 pounds)

 (Compiled by Bengaluru newsroom)

 ((globalnewsmonitoring@thomsonreuters.com))

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