March 7 - The following are the top stories on the businesspages of British newspapers. Reuters has not verified thesestories and does not vouch for their accuracy.
The Times
- Melrose Industries Plc is facing fierce pressureto reveal legally binding commitments to protect jobs and investin research and development if it succeeds in its hostiletakeover of GKN Plc, the aerospace and automotive group.http://bit.ly/2FsU7rY
- BSG Resources Ltd, a mining company controlled by BenySteinmetz, the Israeli diamond tycoon, was placed inadministration on Tuesday amid an escalating legal dispute overallegations that it engaged in bribery linked with a miningproject in west
The Guardian
- Retailer Debenhams Plc is in talks to rent floorspace to flexible-office provider WeWork, as it looks to scaleback its high street presence. http://bit.ly/2Fr7MQr
- Chancellor Philip Hammond will insist on Wednesday that
The Telegraph
- Procter & Gamble Co is stepping up efforts to "takeback control" from advertising agencies by investing more ininternal analytics programmes – a move which will spell furthertrouble for ad giants WPP Plc and Publicis Groupe SA. http://bit.ly/2Ftd4KZ
- Eurozone members have hit back at French plans for greatereconomic union in a strongly worded joint statement from financeministers. http://bit.ly/2FtgJsf
Sky News
- Officials from the Financial Conduct Authority met keyfigures from the Investment Association last month to discussways of assuaging their concerns about a potential
- J Sainsbury Plc is facing opposition to a payshake-up it says will give its 130,000 store staff a "leadingrate" in the sector. http://bit.ly/2FsbbhT
The Independent
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(Compiled by Bengaluru newsroom)
WPP (WPP)
Sainsbury's (SBRY)