Nov 14 (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
- The Telegraph's suitors are preparing for a third auction of the newspaper and are understood to be in discussions about how to pull together renewed attempts to secure The Daily Telegraph and The Sunday Telegraph.
- Thames Water secures creditor backing for a 3 billion pounds ($3.80 billion) refinancing plan to avoid nationalisation, pending court approval.
The Guardian
- Consumer group Which? launched a near 3 billion pound ($3.81 billion) lawsuit against Apple , accusing it of anti-competitive practices and overcharging 40 million UK consumers for iCloud services.
- UK finance minister Rachel Reeves plans to merge 86 local government pension schemes into "megafunds" to enhance long-term investments and reduce fees, marking significant pension reform in the UK.
The Telegraph
- Chris Dawson, owner of homeware company The Range, is set to rescue Homebase with a 30 million pound (38.08 million) deal, saving up to 1,600 jobs, though 1,000 remain at risk.
- Boohoo has urged shareholders to reject Mike Ashley's bid to join its board, claiming he could have "ulterior motives" in his approach.
Sky News
- Barclays and Brookfield are in detailed talks about a deal that would involve the British lender retaining a 20% stake in its merchant acquiring arm.
- The UK government will introduce a voluntary ticket levy by 2025 to fund struggling grassroots music venues, with bands like Coldplay and Enter Shikari already pledging for ticket sales donations.
The Independent
- UK finance minister Rachel Reeves' proposed "charity tax" on charity lotteries could take 1 million pound ($1.27 million) annually from good causes, with charities urging the government to exclude them from the gambling levy.
($1 = 0.7885 pounds)
(Compiled by Bengaluru newsroom)
((globalnewsmonitoring@thomsonreuters.com))
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