Press Digest: British Business - October 13
13/10/2025 01:22
Oct 13 (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
Executives at BMW BMWG.DE are seeking to hold talks with the British finance minister Rachel Reeves about the car loans scandal, as the carmaker wants to discuss the implications of an industry-wide redress programme.
Fortescue FMG.AX scraps plan to build electric mining truck motors in UK as the iron ore miner plans to manufacture in Germany and China and turn its site in Banbury over to research and development.
The Guardian
UK betting firm Evoke EVOK.L is considering closing up to 200 betting shops if Rachel Reeves' autumn budget raises taxes on the gambling sector. This would amount to between 9% and 15% of William Hill's chain of 1,300 betting shops, with up to 1,500 jobs potentially affected.
The Telegraph
Japan's Fujitsu 6702.T has been forced to pump 80 million pounds into its UK business as it reels from a scandal which led to the wrongful conviction of hundreds of sub-postmasters
Sky News
Investment firm Blackstone BX.N is nearing a deal to sell logistics assets to Tritax Big Box Reit BBOXT.L which could involve it receiving equity in the London-listed company.
The Independent
Openreach, owned by Britain's largest broadband provider BT Group BT.L, has announced a further 94 new exchange locations, covering almost one million premises across the UK, where it plans to halt the sale of traditional copper-based phone and broadband services in a bid to encourage people to upgrade to digital.
(Compiled by Bengaluru newsroom)
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