PRESS DIGEST-British Business - Aug 31

Aug 31 (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

Nadhim Zahawi is acting as a middle man between the UAE and the Barclay family as it seeks to win back control of The Daily Telegraph and The Sunday Telegraph, a role that could lead to him being appointed chairman of the newspaper group.

The Guardian

Airlines have urged reform of compensation rules after the "staggering" revelation that a single wrongly input flight plan to UK air traffic control disrupted hundreds of thousands of passengers' flights.

The Telegraph

Babylon, the digital healthcare company behind the NHS's GP at Hand app, has placed two of its divisions into administration. Restructuring firm Alvarez & Marsal confirmed late on Wednesday it had been appointed administrator of two of Babylon's UK businesses.

Sky News

Marks & Spencer has secured a return to the FTSE 100 share index, four years after the retailer was relegated amid a battle for its very future.

(Compiled by Bengaluru newsroom)