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Press Digest: British Business - December 26

Dec 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

     - British smartphone-maker Nothing, which plans an initial public offering in the next three years, has not decided in which financial centre it will choose to list its shares.

The Guardian

     - Britain shoppers are expected to spend 3.8 billion pounds  ($5.13 billion)this Boxing Day, 2% more than last year, with online sellers experiencing most of that growth.

The Telegraph

     - Around 3,000 UK jobs have been saved after CB&I bought Petrofac's North Sea operations, which manages platforms for oil and gas giants such as BP BP.L, Shell SHEL.L, Ithaca ITH.L, and EnQuest ENQ.L.

Sky News

     - A ticket sold in Arkansas scored a $1.8 billion Powerball jackpot after Wednesday night's draw - one of the richest lottery prizes in U.S. history, landing just in time for Christmas.

The Independent

     - WH Smith SMWH.L is to claw back around 1.5 million pound in overpaid bonuses from former bosses following an accounting blunder at the retail firm’s U.S. arm.

($1 = 0.7402 pounds)

 (Compiled by Bengaluru newsroom)

 ((globalnewsmonitoring@thomsonreuters.com))

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