Feb 14 (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
- The UK faces potential 21% tariffs on exports to the US after President Trump signed an order imposing reciprocal levies on countries with VAT, with experts warning of significant economic fallout.
- Unilever ULVR.L has chosen Amsterdam over London for the 13 billion pounds ($16.33 billion) spin-off of its ice cream division, dealing another blow to the UK’s capital markets despite government efforts to secure the listing.
The Guardian
- Steve Madden SHOO.O has acquired UK footwear brand Kurt Geiger for 289 million pounds in cash, expanding his fashion empire as the brand continues its international growth.
- Thirteen more UK oil and gas licences are under review after a court ruled Rosebank ROSE.L and Jackdaw approvals were unlawful for not accounting for emissions from burning extracted fuels.
The Telegraph
- A massive gas field discovery in the Gainsborough Trough could supply the UK for a decade, with potential economic benefits of 112 billion pounds and reduced reliance on imports.
- Barclays BARC.L under FCA investigation over money-laundering controls; also in dispute with HMRC over ts interpretation of a change to the rules in the bank levy.
Sky News
- In The Style is nearing insolvency, with owner Baaj Capital preparing to appoint FTS Recovery as administrator to the company.
- Leader of Reform UK Nigel Farage explores private criminal prosecution against NatWest NWG.L over debanking scandal, instructing Chris Daw KC to examine case.
($1 = 0.7959 pounds)
(Compiled by Bengaluru newsroom)
((globalnewsmonitoring@thomsonreuters.com))
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