PRESS DIGEST-British Business - May 8

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- 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

Flutter FLTRF.L, the gambling group behind Paddy Power and Betfair is considering fully delisting from the London stock market.

Centrica CNA.L, the owner of British Gas, has acquired the Severn Combined-Cycle Gas Turbine power station in South Wales for 370 million pounds ($501.98 million) from Calon Energy.

The Guardian

Meta META.O has launched a legal challenge against Ofcom over the fees and fines regime it is enforcing under landmark digital safety legislation.


BP BP.L plans to sell stakes in two flagship carbon capture and storage projects in the north-east of England.

The Telegraph

U.S. prediction market platform Polymarket has begun allowing people to bet on whether an outbreak of Hantavirus on a cruise ship will escalate into a pandemic.

Sky News

A pack of buyout firms has begun circling Network Plus, one of Britain's biggest utility services providers, as its Canadian owners eye a 1 billion pound ($1.36 billion) sale.

Activist investor Palliser Capital has accumulated a stake of between 1% and 2% in Autotrader AUTOA.L.


The Independent

Poundstretcher will "likely have no choice" but to file for administration if a restructuring plan is not approved, the High Court has heard.



($1 = 0.7371 pounds)