Press Digest: British Business - August 11

LVMH Moet Hennessy Louis Vuitton SE

11/08/2026 03:48

Aug 11 (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 cost to consumers of paying wind farms to switch off when Britain's electricity grid cannot cope has exceeded £1 billion already this year and is on track for a new annual record.
- American pop star Beyoncé has acquired full control of the whiskey brand she established two years ago with LVMH LVMH.PA, the French luxury goods group.
     
     
The Guardian
- Local authorities will be able to reject new betting shops and adult gaming centres, while vape shops will be subject to planning permission under plans Downing Street said could be in place from the start of next year.
- Millions of households in Britain could face power cuts at short notice under new rules to help the electricity system operator avoid widespread blackouts when energy supplies run low.
     
        
The Telegraph
- Luigi Bucci, Moody's lead analyst, said the ratings agency had launched a review after concluding that Apollo Global Management's APO.N takeover of easyJet EZJ.L would "result in a material deterioration of easyJet's credit profile."
     
     
Sky News
- A consortium including the Amazon founder Jeff Bezos is closing in on a deal to buy a roughly one-third stake in Liverpool Football Club.

     
     
The Independent
- Cambridge Aerospace, a British defence firm, has attained a valuation of £2.5 billion ($3.38 billion) following a funding round which makes it one of the most valuable startups in the UK.
        
($1 = 0.7407 pounds)

 (Compiled by Bengaluru newsroom)
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