Dec 2 (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
PPP sale could spell break-up for Balfour
Britain's biggest construction company could be broken up after receiving a 1 billion pound ($1.57 billion) offer for its public private partnerships investment division. Balfour Beatty Plc confirmed that John Laing Infrastructure Fund had tabled an offer. (http://thetim.es/1yy0e1Q)
EY wins right to offer legal services
Ernst & Young LLP has won the right to set up shop in Britain's legal services market after the "big four" auditor was granted a licence to operate. EY said it had recruited three legal partners and planned to recruit a further 30 people to build a law practice in England and Wales in the next six months. (http://thetim.es/1ybcQyg)
The Guardian
Bank of England investigating risk of 'carbon bubble'
The Bank of England is to conduct an enquiry into the risk of fossil fuel companies causing a major economic crash if future climate change rules render their coal, oil and gas assets worthless. The concept of a "carbon bubble" is being taken increasingly seriously by some major financial companies including Citi, HSBC and Moody's Corp, but the Bank's enquiry is the most significant endorsement yet from a regulator. (http://bit.ly/1rPdikl)
Northern Ireland corporation tax cut announcement expected on Wednesday
The chancellor of the Exchequer, George Osborne, is expected in Wednesday's autumn statement to allow Stormont to cut the corporate tax rate to 12.5 percent in an attempt to compete with Dublin for inward investment. As Stormont politicians await word, a think tank has warned the move could cost the region 400 million pounds in public spending cuts. (http://bit.ly/1HT2BBN)
The Telegraph
Suspended Tesco executive to return as Dave Lewis overhauls team
Dave Lewis has put himself in charge of Tesco Plc struggling UK business after four of the executives suspended due to an accounting scandal left the company. Lewis, the chief executive of Tesco, has overhauled the senior management of Britain's biggest retailer in one of his first major strategic moves. (http://bit.ly/1yxQPHR)
Vodafone 'could beat competition concerns' to seal 80 bln pounds Liberty Global deal
Vodafone could overcome stringent German competition rules to complete an 80 billion pounds-plus takeover of Liberty Global, the cable group that owns Virgin Media, according to senior City legal sources. (http://bit.ly/1ybaWxA)
Sky News