Press Digest: British Business - June 19
19/06/2025 02:32
June 19 (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 - AO World AO.L CEO John Roberts has warned that the electricals retailer could shut its loss-making contract mobile phone business within two months unless it strikes a more profitable deal with network providers. The Guardian - The foreign ministers of the UK, France and Germany are planning to meet the Iranian foreign minister, Abbas Araghchi, in what could represent a potential diplomatic breakthrough after five days of Israeli bombing. The Telegraph - Mike Ashley's Frasers Group FRAS.L has pulled out of the race to buy Revolution Beauty REVB.L, raising fresh questions over the future of the struggling cosmetics brand. Sky News - Spain's Banco Santander SAN.MC has expressed interest in buying rival Sabadell's SABE.MC British unit TSB. (Compiled by Bengaluru newsroom) ((globalnewsmonitoring@thomsonreuters.com))