Press Digest: British Business - June 1

TPG

01/06/2026 03:17

June 1 (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
- Gunnercooke, a London-based law firm appointed by the Financial Conduct Authority to advise regulated firms on issues including governance and risk is facing scrutiny over its work for a company accused of siphoning off funds as part of an alleged 1.3 billion pound($1.75 billion) fraud. 
- Jes Staley, the former head of Barclays, will be questioned by U.S. politicians on Capitol Hill about his relationship with Jeffrey Epstein, the convicted sex offender.
     
The Guardian
     - Arm Holdings O9Ty.F has proposed a pay scheme for CEO Rene Haas in which he will receive generous annual share awards plus a maximum bonus of $800 million if he can hit certain "exceptional growth metrics".
     
        
The Telegraph
- Britain's finance minister Rachel Reeves is considering using private sector deals to fund major building projects and has asked investors how private finance initiatives could be used in national infrastructure schemes, including Labour's plan to build new towns.
     
     
Sky News
     - The credit arm of U.S. private equity giant TPG TPG.O  is in talks to provide as much as £800 million ($1.08 billion) to help finance a takeover of Evoke EVOK.L, the London-listed betting and gaming company which owns William Hill.
     

     
     
   ($1 = 0.7434 pounds)

 (Compiled by Bengaluru newsroom)
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