Press Digest: British Business - July 31

Lloyds Banking

31/07/2026 04:48

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
- England and the other European members of UEFA will boycott Fifa tournaments if Gianni Infantino goes ahead with his plan to sell stakes in the World Cup to private investors.
- Santander SAN.MC is facing legal action from staff after a backlash against its attempt to get its new TSB workforce into the office three days a week.
     
     
     
The Guardian
- Lloyds Banking Group LLOY.L will cut another £2 billion  ($2.69 billion) of costs as part of a four-year plan under which its chief executive will use new tech and AI to drive growth.
     
     
        
The Telegraph
- Jaguar Land Rover TAMO.NS is cutting hundreds of jobs after last year’s crippling cyber attack.
-  BP BP.L plans to cut about 700 of its non-frontline global workforce as the oil major sharpens its operational focus to bolster profits and returns.
     
     
     
Sky News
- The financier who backed the takeover of Newcastle United Football Club alongside Saudi Arabia's sovereign wealth fund is in talks to buy a minority stake in West Ham United, the newly relegated Championship club.

($1 = 0.7437 pounds)

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