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PRESS DIGEST-British Business - April 29

April 29 (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

- Jeff Fairburn, who stepped down as chief executive of Persimmon amid an outcry over his "unfathomable" pay package, is on a collision course with the American hedge fund backer of his new venture.

- HM Revenue & Customs is investigating the tax affairs of Babylon Healthcare, the insolvent healthcare technology company that was championed by Matt Hancock, the former health secretary, and had links to the Conservative Party.

The Guardian

- Senior Whitehall officials fear Thames Water's financial collapse could trigger a rise in government borrowing costs not seen since the chaos of the Liz Truss mini-budget.

- Online casino company 888.com will withdraw adverts from locations including London's transport network after a backlash against their tone, prompting criticism of the capital's mayor, Sadiq Khan, for allowing them to appear in the first place.

The Telegraph

- Sir Robert Goodwill, a senior Tory MP, is preparing to seek assurances from BHP over whether its attempted 31 billion pound ($38.71 billion) takeover of Anglo American will impact a major mining project in the north of England.

Sky News

- Private equity giant Blackstone is preparing to lodge an improved bid for Hipgnosis Songs Fund, which owns the music rights of artists including Shakira and Blondie.

- Digital bank Monzo is putting the finishing touches to an expanded fundraising of 500 million pounds ($624.40 million) in a deal with British fund Hedosophia.

($1 = 0.8008 pounds) (Compiled by Bengaluru newsroom)