Press Digest: British Business - September 30
PRESS DIGEST-British Business - September 30 Sept 30 (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
Smart ring maker Oura has delayed its US initial public offering, following its plans to list on the Nasdaq exchange at a valuation of about $15 billion.
Channel 4's chief executive, Priya Dogra, has ruled out a merger with the BBC but is open to putting content on the state-backed broadcaster's iPlayer streaming service.
The Guardian
Britain's Marks & Spencer MKS.L has signed a deal with Sephora to open areas under the beauty brand's name within its stores and sell through its website from spring next year.
Barclays BARC.L has eased its return-to-office plans, allowing some employees to wait until 2027 before having to be in the office at least three days a week.
The Telegraph
British engineering firm Vesuvius VSVS.L said that it wasassessing a £1.37 billion ($1.81 billion) bid from rival RHI Magnesita N.V RHIM.VI.
British Prime Minister Andy Burnham said he will create a new state-owned entity, Great British Grid to compete with rivals National Grid NG.L in England and Wales, and SSE SSE.L and Scottish Power in Scotland.
Sky News
Volkswagen VOWG.DE is preparing to disclose ahit from the Financial Conduct Authority's £9 billion motor finance redress scheme, after it joined a group of rivals to challenge its implementation.
TalkTalk is nearing a £200 million ($264.60 million) deal, with Ares Management ARES.N poised to gain ownership of its consumer arm.
The Independent
British Prime Minister Andy Burnham said he is planning new laws to pave the way for public ownership of failing water firms.
($1 = 0.7559 pounds)
(Compiled by Bengaluru newsroom)