Press Digest: British Business - November 28

Frasers

28/11/2025 01:52

Nov 28 (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

-  The world's largest bank JP Morgan Chase JPM.N has announced plans to build a 3 million sq ft tower in Canary Wharf to serve as its principal UK office, a day after banks escaped higher taxes in the budget.

- British fast-fashion retailer Boohoo DEBS.L shareholders have been sidelined from voting on a proposed £150 million ($198.51 million) share payout for its chief executive in a move that will further inflame tensions with its biggest investor, Mike Ashley's Frasers Group FRAS.L.

The Guardian

-  British retailers including Primark, CurrysCURY.L  and Boohoo DEBS.L  have criticised the government for waiting until 2029 to end a tax break on low-value imported goods that has allowed them to be undercut by the likes of Shein and Temu.

The Telegraph

-  Electric car drivers will be forced to turn up at garages for annual mileage checks under Rachel Reeves' new pay-per-mile tax.

Sky News

-  The remaining candidates to chair HSBC Holdings HSBA.L have been asked to pitch to the board of Europe's biggest lender next week as it seeks to finalise the appointment of a successor to Sir Mark Tucker.

($1 = 0.7556 pounds)

 (Compiled by Bengaluru newsroom)

 ((globalnewsmonitoring@thomsonreuters.com))