Press Digest: British Business - May 7

Deutsche Lufthansa AG

07/05/2026 05:31

May 6 (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

- Mira Murati, who was briefly chief executive of OpenAI, said current CEO Sam Altman was deceptive with her and others and sowed distrust among top executives.

The Guardian

- A new trade deal with the EU could lead to restrictions on the use of the controversial weedkiller glyphosate on UK food crops.

- The Financial Conduct Authority has launched a review of claims management companies amid concerns that firms are misleading victims of financial scandals about their compensation.

The Telegraph

- Some major airports have already begun to run out of jet fuel as a result of the Iran war, the boss of Lufthansa LHAG.DE has warned.

- Elon Musk's SpaceX is poised to spend $120 billion building what he claims will be the world's largest AI chip factory.

Sky News

- Retailer TG Jones has secured emergency relief from UK tax authorities as it progresses a rescue plan that will involve the closure of over a 100 stores.

- KKR KKR.N has dropped out of the multi-billion pound auction of bottled water brands including Perrier and San Pellegrino.

The Independent

- Deliveroo is introducing a new feature that will allow customers to book restaurant reservations directly through its platform, called Deliveroo Reservations.

- Up to 150 high street stores of TGJones face closure, with hundreds of jobs understood to be at risk.

 (Compiled by Bengaluru newsroom)

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