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Aug 27 (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 Hut Group is expected to pull the trigger today on a 4.5 billion pound ($5.95 billion) stock market listing that could put the online retailer's founder in line for one of the largest windfalls in corporate history and promises to create hundreds of British millionaires overnight. https://bit.ly/3b0qNXh
- The boom in demand for home renovations during the lockdown has encouraged Screwfix to open 40 new shops this year, creating 400 new jobs. https://bit.ly/3b4atob
The Guardian
- The former Bank of England governor Mark Carney has returned to his roots as an investment banker with a job spearheading environmental and social investing for a Toronto-based asset manager. https://bit.ly/3juV3wv
- Retail veterans including former bosses of Tesco, Debenhams and Matalan could all cash in under a potential 4.5 billion pound flotation of online business The Hut Group which could be announced this week. https://bit.ly/2EnGwUq
The Telegraph
- Controversial video app TikTok could be welcomed with open arms should it decide to move its international headquarters to London, but may be asked to store user data on British shores, Boris Johnson's advisors are expected to recommend. https://bit.ly/2YU6eqH
- Wahaca, the Mexican restaurant chain set up by Masterchef winner Thomasina Miers, is set to shut more than a third of its sites in a bid to shore up cash. https://bit.ly/3aZ2N6J
Sky News
- Gatwick Airport is to axe up to 600 jobs—around 24% of its workforce. The airport said in a statement it was only operating about 20% of last year's flights and would now start formal consultations on job cuts. https://bit.ly/3hw3o2k
- Large UK businesses could be banned from using products grown on land that was deforested illegally under a new law being proposed by the government. https://bit.ly/3hxb3xp
The Independent
- Car manufacturer Bayerische Motoren Werke AG is set to cut hundreds of jobs at a Mini car factory in Cowley, Oxford. https://bit.ly/3aZ32i9
- Hamleys is planning to push forward with expansion plans for its business, including a refurbishment of its iconic London store on Regent Street and potentially the opening of new stores even as the high street grapples with the economic impact of the coronavirus crisis. https://bit.ly/3b0vlN6 ($1 = 0.7563 pounds) (Compiled by Bengaluru newsroom)