PRESS DIGEST-British Business - May 15

Ingredion Incorporated

Ingredion Incorporated

INGR

0.00

- 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

- Sweeteners and ingredients company Tate & Lyle TATE.L has revealed that it is in talks with an American suitor Ingredion INGR.N over potential 2.7 billion pounds($3.61 billion) takeover.


The Guardian

- Nigel Farage, leader of Britain's right-wing Reform UK party, said a 5-million-pound donation from a cryptocurrency billionaire he received before entering parliament was "a reward for campaigning for Brexit"

The Telegraph

- China urged the UK to act cautiously on plans to nationalise British Steel after taking control from Chinese owner Jingye.

Sky News

- The Post Office awarded a 2.4 million pounds contract to a crisis PR company DRD Partnership as it fights legal claims by victims of the Horizon IT scandal.


- Lloyds LLOY.L will remove its 50 pounds interest-free overdraft perk from Silver, Gold and Platinum accounts from 8 June, affecting some customers.

The Independent

- British broadcaster ITV ITV.L said it remained in "active discussions" to sell its media and entertainment division to Comcast's Sky.

($1 = 0.7479 pounds)