Press Digest: British Business - May 27

Ferrari NV

27/05/2026 05:42

May 27 (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
GCHQ boss Anne Keast-Butler says Russia is causing ‘aggression and chaos’ by targeting infrastructure, democratic processes and supply chains in the UK and Europe. 
     
NASA has unveiled details of its $20 billion campaign to establish a human presence on the moon by 2032.
     

The Guardian
BP BP.L has removed its chair, Albert Manifold, with the oil company's board saying it had serious concerns about "important governance standards, oversight and conduct."
     
Ferrari’s RACE.MI share price has dropped after it revealed a long-awaited first electric vehicle, the Luce, with a design that departs from the Italian manufacturer’s petrol sportscars.


        
The Telegraph
South East Water is facing renewed scrutiny from MPs after taps ran dry during the May bank holiday heatwave. 

The Swiss branch of First Abu Dhabi Bank FAB.AD made a series of investments in Market Financial Solutions (MFS), records from Companies House show.

     
Sky News
Lenders to Crest Nicholson are close to appointing City advisers for crunch talks aimed at easing pressure on the housebuilder's balance sheet.

Gordon Brothers, which specialises in distressed retail investments, could strike an agreement to buy Radley, the British handbag maker.


 (Compiled by Bengaluru newsroom)
 ((globalnewsmonitoring@thomsonreuters.com))