British Business - Aug 25

British Business - Aug 25

Aug 25 (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

- Rio Tinto RIO.L has offered an extra 270 million pound ($318.30 million)to take control of Canadian group Turquoise Hill Resources. Link

- Allied Minds, whose biggest shareholders included Neil Woodford, is considering delisting from the London stock market after a protracted downturn in its fortunes. Link

The Guardian

- A corporate tribunal has ordered the Italian government to pay more than 210 million pound to the UK oil company Rockhopper RKH.L as compensation for an offshore oil drilling ban. Link

- British Gas has announced it will donate 10% of its profits to help its poorer customers manage rising gas and electricity bills for the "duration of the energy crisis". Link

The Telegraph

- Royal Mail RMG.L is preparing to take on its striking trade union by tearing up a "groundbreaking" agreement to protect jobs and conditions that was signed when the company was privatised nine years ago. Link

- Former Twitter TWTR.N staff have access to secret software codes months after leaving the business, a whistleblower has told The Telegraph, as the company faces questions over national security. Link

Sky News

- App-based lender Atom bank IPO-ATBK.L says its four-day working week trial has been a resounding success. Link

- British aerospace company Reaction Engines is plotting a flight-path towards an eventual public flotation. Link

($1 = 0.8482 pounds) (Compiled by Bengaluru newsroom)