PRESS DIGEST-British Business – Nov. 3

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Nov 3 (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

– Lloyds Banking Group said it appointed Goldman Sachs to sell the Telegraph Media Group’s principal assets, the Daily and Sunday Telegraph titles, and appointed receivers over B.UK Limited, a Bermuda company.

The Guardian

– Austria is seeking to adopt a Rwanda-style deal to deport asylum seekers to a third country, having agreed a deal to work with the UK on migration.

The Telegraph

– Barclays has refused to rule out job cuts as part of a sweeping cost savings plan to boost profits

Sky News

– The board of The Daily Telegraph’s holding company has drawn up plans for substantial financial windfalls as part of a new incentive plan encompassing roughly 30 senior employees of the group.

(Compiled by Bengaluru newsroom)

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