July 23 (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
- Bank of England Governor Andrew Bailey has warned finance minister Rachel Reeves that cutting red tape on the banking sector risks sparking another financial crisis as he downplayed the rise in UK government debt costs.
- Food catering firm Compass CPG.L has agreed to buy European premium food services business Vermaat for about 1.5 billion euros ($1.76 billion) including debt, it said, marking its largest-ever deal.
The Guardian
- British ministers are facing calls for greater transparency about public data that may be shared with the US tech company OpenAI after the government signed a wide-ranging agreement with the $300 billion company that critics compared to letting a fox into a henhouse.
The Telegraph
- Scottish beer and pub chain BrewDog is shutting 10 bars across Britain in the wake of Labour's tax raid on employers in the latest blow for the hospitality sector.
Sky News
- Britain has secured investment for the Sizewell C nuclear plant from Canadian pension fund La Caisse, Centrica and Amber Infrastructure, enabling the government to give the final go-ahead on Tuesday for the 38 billion pound ($51.39 billion) project.
- Cynergy Bank, which specialises in lending to SMEs, is in talks to sell a minority stake at a valuation of up to 1 billion pound ($1.35 billion).
The Independent
- Hewlett Packard is owed more than 700 million pounds ($946.68 million) from the estate of the late Mike Lynch and his former business partner over its acquisition of their British software firm Autonomy, a judge at London's High Court said.
($1 = 0.7394 pounds)
($1 = 0.8523 euros)
(Compiled by Bengaluru newsroom)
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