Press Digest: British Business - October 21
21/10/2025 04:50
Oct 21 (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
Typhoo Tea owner Supreme SUP.L has bought the UK and European operations of diet-shakes maker SlimFast for 20.1 million pounds ($26.98 million).
B&M Chief Financial Officer Mike Schmidt has resigned after an accounting error forced the company to cut annual profit guidance for a second time this month.
The Guardian
Pizza Hut YUM.N is to shut 68 of its restaurants, putting as many as 1,200 jobs at risk, after the company behind its UK venues fell into administration.
New data shows that Disney+ DIS.N and Hulu cancellation rates doubled after Jimmy Kimmel's temporary suspension.
The Telegraph
Chinese staff at Nexperia have been told to ignore instructions from the group's Netherlands head office after the Dutch government seized control of the company.
Sky News
The internet appears to be recovering after a major Amazon Web Services AMZN.O outage knocked out thousands of websites, including Snapchat SNAP.N , Reddit RDDT.N and several banks.
Staff at the Bank of England are on alert for potential job cuts after governor Andrew Bailey warned of tough decisions about the institution's future cost base.
The Independent
HMRC has confirmed that it will begin taking money directly from bank accounts in the government's latest bid to crackdown on unpaid tax.
British troops will be given new powers to bring down drones threatening military bases, defence secretary John Healey has said.
($1 = 0.7451 pounds)
(Compiled by Bengaluru newsroom)
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