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Oct 25 (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
- AstraZeneca Chief Executive Officer Sir Pascal Soriot committed himself to leading the FTSE 100 drugs company for another five years.
- British furniture and flooring retailer ScS will go private through a deal of almost 100 million pounds ($121.56 million) by its Italian rival Cerezzola Limited, a subsidiary of Italian furniture retailer Poltronesofà.
The Guardian
- The UK's financial regulators have officially scrapped the banker bonus cap, discarding one of the key reforms that the EU had introduced in response to the 2008 financial crisis.
- The EU is within "touching distance" of passing the world's first laws on artificial intelligence, granting Brussels the authority to halt services that pose societal harm, according to the AI expert who has dedicated the past four years developing the legislation.
The Telegraph
- A flood of implausible renewables projects is slowing down Britain's progress towards net zero, as an oversubscription of electricity projects has caused a queue that is scaring off investors.
- The Bank of England is facing a knife-edge call on interest rates after economists questioned the reliability of official jobs data that underpins their decision.
Sky News
- Dame Alison Rose, the former NatWest Group chief executive, is weighing moves to challenge a looming decision by the taxpayer-backed lender to cancel millions of pounds in unvested share awards she was due to receive.
($1 = 0.8226 pounds) (Compiled by Bengaluru newsroom)