PRESS DIGEST-British Business - July 20

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July 20 (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

- NatWest has come under fire in the City over the decision by its Coutts private banking business to drop Nigel Farage as a customer after one institutional shareholder in the lender said he was "disturbed" by the situation.

- Britain will impose new visa restrictions on five countries after concerns were raised by MI5 that Chinese spies, serious criminals and asylum seekers have used them to gain visa-free access to the UK.

The Guardian

- Oil and gas company BP has been fined 650,000 pounds after a worker fell to his death through open grating on one of its offshore platforms.

The Telegraph

- Microsoft has promised to pay Activision up to $5 billion if its bid to buy the company fails, as the pair fight to win approval from Britain's competition watchdog.

Sky News

- Motive Partners is on the brink of a 400 million pounds ($517.40 million) deal with Intermediate Capital Group to buy With Intelligence.

- Cake Box Holdings, the London-listed bakery chain, has received a takeover approach from a privately owned Australian group.

($1 = 0.7731 pounds) (Compiled by Bengaluru newsroom)

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