PRESS DIGEST-British Business - October 21

By Reuters News

Oct 21 (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

  • British bank NatWest NWG.L drew sharp criticismfrom union Unite after it asked more than 30,000 of its staff to work in the office at least two days a week.

  • Cornish Metals TIN.L, which is aiming to restarttin production in Cornwall, secured backing from Glencore GLEN.L through an £11.2 million ($14.98 million) investment.

The Guardian

  • Betting giant Flutter Entertainment FLUT.N said it plans to cutup to 1,400 jobs across its UK and Ireland business, blaming a sharp increase in British gaming taxes.

  • Alphabet's Google GOOGL.O blamed a power event at its London-based Cloud computingoperations for an outage that disrupted UK courts and banking services.

The Telegraph

  • Johnnie Walker maker Diageo DGE.L apologised after a chemical spillin the Moray river killed large numbers of fish and other wildlife.

  • Britain's competition regulator proposedforcing Apple AAPL.O to loosen its grip on contactless payments by lowering fees and removing technical barriers, helping rival services compete with Apple Pay.

Sky News

  • Thames Water's senior creditor group appointedformer British cabinet member John Hutton as independent chair designate to help secure support for the struggling water utility.

  • UK's Jackdaw gas field is expected to receive approvalfrom Energy Secretary Miatta Fahnbulleh, potentially ending almost two years of uncertainty over the project.

The Independent

  • Amazon AMZN.O pledged that it will create30,000 entry level jobs for young people in the UK by 2030.

($1 = 0.7478 pounds)

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