June 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
- The crisis-hit Revolution Beauty is threatening to take legal action against its founder and former chief executive and seeking to recover "material sums", alleging that he breached his fiduciary duty after the online cosmetics retailer was forced to suspend its shares.
- Documents show clothing suppliers, landlords and lenders will not recover 1.3 billion pounds ($1.66 billion) they were owed before the Debenhams' collapsed.
The Guardian
- Some of the UK's best-known retailers including WH Smith , Marks & Spencer, Argos and LloydsPharmacy are at the head of a list of more than 200 companies collectively fined 7 million pounds ($8.93 million) for failing to pay the legal minimum wage.
- Mike Ashley's Frasers Group has bought a 22 million pounds ($28.08 million) stake in the fashion group Boohoo as the high street retail tycoon makes a flurry of investments in online retail.
The Telegraph
- UK's Labour Party is willing to sign Britain up to following EU rules in return for a deal that would reduce post-Brexit checks on food, David Lammy has suggested.
Sky News
- Financials Acquisition Corp, which floated in the UK in the spring of 2022, will unveil plans to raise up to 500 million pounds ($638.15 million) for London Innovation Underwriters.
- Carlos Ghosn, the former Nissan chairman who fled financial misconduct charges in Japan, is seeking more than 785 million pounds ($1 billion) from the carmaker in a lawsuit.
The Independent
- UK Prime Minister Rishi Sunak will pledge to stand with Ukraine "as long as it takes" as he announces 2.35 billion pounds ($3.00 billion) in bank loan guarantees to bolster Kyiv's rebuild.
($1 = 0.7835 pounds) (Compiled by Bengaluru newsroom)