Press Digest: British Business - September 7

Tata Motors Passenger Vehicles

07/09/2026 01:32

Sept 7 (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
- Dutch private equity firm Waterland plans to make an offer for British telecommunications company Gamma Communications GAMA.L  that exceeds the £1.08 billion ($1.46 billion) bid from Epiris, a British private equity firm. 
- British business secretary Jonathan Reynolds has said there will be no bailout for Tata Motors TAMO.NS -owned Jaguar Land Rover as the UK’s largest car manufacturer prepares to cut 4,000 jobs.
     
     
The Guardian
- German startup Isar Aerospace has launched the first commercial rocket to reach orbit from continental Europe, a milestone for Europe's efforts to secure independent access to space.
     
        
The Telegraph
- U.S President Donald Trump's top negotiator Steve Witkoff told Volodymyr Zelenskiy to make "compromises" with Vladimir Putin as he attempted to restart talks to end the Russia's war with Ukraine.
     
     
Sky News
- The French-owned utility EDF Energy is in talks to acquire smaller rival So Energy in a deal that would underline the renewed wave of consolidation taking place in the domestic gas and electricity supply market.
- British Finance minister John Healey will announce that £150 million of funding already allocated from the British Business Bank will be earmarked for innovative firms in the north of England, pumping in between £5 million and £15 million designed to attract additional private capital.
     
     
The Independent
- Demonstrators have descended on Portsmouth after migrants heading towards the Hampshire coast on a small boat were intercepted and brought ashore.
     
     
($1 = 0.7400 pounds)

(Compiled by Bengaluru newsroom)
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