PRESS DIGEST-British Business - October 20

By Reuters News

Oct 20 (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

  • Crypto investor Lewis Barber is suing BitMEX for £20 million ($26.63 million), alleging it offered crypto derivative products to investors in the UK, despite not being regulated or approved by the Financial Conduct Authority.


  • UK retailer John Lewis Partnership is expanding its rapid delivery service through tie-ups with Deliveroo and Uber Eats in an attempt to improve sales.

The Guardian

  • British Prime Minister Andy Burnham told officials to reconsider Thames Water rescue plans, including converting about £100 million of outstanding fines into a government stake in the company.

  • Britain’s media regulator Ofcom is investigating former BBC presenter Huw Edwards' complaint about a Channel 5 drama depicting his downfall.

The Telegraph

  • Barclays BARC.L has drawn scrutiny from the Bank of England's Prudential Regulation Authority citing concerns that its traders understated the risks of opaque private credit loans.


  • GB News is launching an all-British music radio station next month, as it seeks to expand beyond television.

Sky News

  • B&M European Value Retail BMEB.L is looking to acquire a small number of stores from troubled rival Poundland.

  • Ride-hailing app Uber UBER.N won its bid to dismiss two linked lawsuits seeking around £340 million, brought by thousands of London black cab drivers and two former private hire companies.

($1 = 0.7509 pounds)

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