Sept 5 (Reuters) - The following are the top stories on thebusiness pages of British newspapers. Reuters has not verifiedthese stories and does not vouch for their accuracy.
The Times
TSB faces an outcry over the decision to hand its departingboss 1.7 million pounds ($2.19 million) in pay and bonuses aftera five-month IT disaster that at times left its five millioncustomers without access to their money and led to a surge infinancial fraud. http://bit.ly/2Q3MVoH
Bank of England Governor Mark Carney told MPs on theTreasury select committee that he was "willing to do whateverelse I can to promote a smooth Brexit and an effectivetransition at the Bank of England". http://bit.ly/2Q5KVfB
The Guardian
John Lewis department store chain is axing 270 jobs, just asit changes its name to "John Lewis & Partners" to highlight itis owned by its employees. http://bit.ly/2Q5QISo
The Telegraph
Star fund manager Terry Smith has unveiled plans to float aninvestment trust focussed on backing small and mid-cap globalcompanies. http://bit.ly/2Q5kbM3
Mercedes has launched a new all-electric car in a bid toknock rival Tesla from its spot as market leader in the sector.http://bit.ly/2Q5l9YH
Sky News
Fenwick, the department store chain, is to shed 408 jobs aspart of a cost-cutting plan following a slump in profits. http://bit.ly/2Q6ci9o
The owner of Domestic & General, CVC Capital Partners, hasappointed Rothschild to advise it on an initial public offeringexpected to value the company at about 1.5 billion pounds. http://bit.ly/2Q6cndc
The Independent
Viagogo has announced it is suing Ed Sheeran's promoter overalleged fraud. The controversial ticket resale company said ithas issued legal proceedings against Kilimanjaro Live over thepromoter's decision to cancel thousands of tickets to Sheeran'sshows, which were purchased through Viagogo. https://ind.pn/2Q62kEP($1 = 0.7779 pounds)(Compiled by Bengaluru newsroom)
