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
REGULATOR TO INVESTIGATE KING'S CROSS CLOSURE CHAOS
Network Rail had to close Finsbury Park station temporarily today as it struggled to cope with knock-on effects of delayed engineering work at King's Cross. (http://thetim.es/1xZS0lN)
TAXPAYER TO PAY OFF CITY LINK STAFF
About 2,000 employees of City Link, the delivery service which collapsed into administration on Christmas Day, will be laid off during the next few days after efforts to find a saviour for the business failed. (http://thetim.es/1tcnbDD)
The Guardian
TESCO MAY HAVE TO FIND 300 MLN POUNDS A YEAR TO PLUG PENSIONS HOLE
Tesco PLC, the embattled supermarket chain that lived through a nightmare two years, is facing additional financial pressure in 2015 when it must publish plans to plug a 3 billion stg hole in its multibillion-pound pension scheme. (http://bit.ly/1H8Moar)
MINISTRY OF DEFENCE PAYS OUT 2 MLN POUNDS TO SETTLE CADETS' SEXUAL ABUSE CLAIMS
The Ministry of Defence has paid out more than 2 million pounds in out-of-court settlements over the past three years as a result of claims of sexual abuse against young people within the ranks of the cadet forces. (http://bit.ly/1wVHRoF)
The Telegraph
UK BANKS IN TALKS OVER APPLE 'WAVE AND PAY'
Britain's top banks are in talks with Apple to introduce its iPhone "wave and pay" service, Apple Pay, to the high street in the first half of 2015. Negotiations between the Silicon Valley giant and at least one of the biggest banks have proved tricky, however, because of wrangling over the terms, including what data Apple will be able to access, according to sources. (http://bit.ly/1HT90dq)
'BIG FOUR' SUPERMARKETS FACE MORE PAIN OVER BUSINESS RATES
Britain's biggest supermarkets have been hit by increasingly disproportionate hikes in business rates that will spell more pain for the grocery giants next year as sales decline, new analysis shows. (http://bit.ly/1tsqKv3)
Sky News
BANK OF ENGLAND TO MONITOR SOCIAL NETWORKS
The Bank of England has set up a special taskforce to monitor the internet and social networks for early signs of Britain's economic ups and downs. (http://bit.ly/16VS36J)
ROYAL MAIL, DX SNUBBED CITY LINK RESCUE DEAL
Royal Mail PLC and DX Group held preliminary talks in recent weeks with KPMG, which was working for City Link's owner to identify possible buyers of the struggling company. (http://bit.ly/1A38lEm)
The Independent
UK WEATHER: 'COLDEST NIGHT OF THE YEAR' TONIGHT AS FREEZING TEMPERATURES PLUMMET TO -10C