Feb 6 (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
- Some of Britain's biggest retailers are urging the government to follow U.S. President Donald Trump's lead and close a tax loophole being exploited by China's Shein and Temu.
- European Union is considering counter measures against Silicon Valley companies if President Trump pursues his tariffs threat against the bloc.
The Guardian
- McDonald's MCD.N has thwarted attempts to stop it from opening new outlets by stressing that it sells salad, promotes "healthier lifestyles" and sponsors local children's football teams.
- UK's Prime Minister Keir Starmer will unveil plans for a historic expansion in nuclear power across England and Wales, pledging to use Labour's large majority to make new sites across the country available for new power stations.
The Telegraph
- Lloyds Banking Group LLOY.L has been hit with a 1 billion-pound ($1.25 billion) tax bill after it lost a key legal battle against Britain's tax authority HM Revenue and Customs (HMRC)
- Vauxhall owner Stellantis STLAM.MI has confirmed it will close its factory in Luton within months, following a row with the government over net zero rules.
Sky News
- Tesco TSCO.L has expressed interest in acquiring more than 100 Crown Post Offices, whose future has been placed under review as the state-owned company explores shifting them to a franchise model.
($1 = 0.7996 pounds)
(Compiled by Bengaluru newsroom)
((globalnewsmonitoring@thomsonreuters.com))
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.