Press Digest: British Business - October 6

Suncor Energy (Canada)

06/10/2026 02:56

Oct 6 (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
- Andy Burnham is considering delaying a decision about when the government will increase defence spending until the autumn of next year in the hope that Britain’s economy improves.
- The North Sea-focused oil and gas producer Ithaca Energy ITH.L is expanding internationally for the first time with an $860 million deal to move into Canada, taking on a portfolio of assets from the oil company Suncor SU.TO.
     
The Guardian
- BT Group BT.L has agreed to buy the broadband supplier TalkTalk out of administration in a £400 million rescue deal that will save 900 jobs. 
- The UK is reviewing whether to impose tariffs on Chinese car imports to align itself with the EU and strengthen its case to be included in new legislation designed to protect the European manufacturing sectors, including autos and chemicals.
     
        
The Telegraph
- Britain has launched a security review after the developer of ChatGPT warned that one of its AI bots had gone rogue and made an “unsanctioned” attempt to access official UK data. 
- The Bank of Bahrain and Kuwait BBKB.BH is eyeing a 20 percent stake in Panmure Liberum, the City stockbroker, raising hopes of a renewed influx of Middle Eastern investment onto London equity markets.
     
Sky News
- J Sainsbury SBRY.L held merger talks with rival grocer Morrisons earlier this year - a deal that would have represented the most significant tie-up in the sector for more than five years. 
     
     
     

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