PRESS DIGEST- British Business - June 6

June 6 - 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

One of the London Bridge attackers was free to carry out the atrocity despite working for a man accused of helping to train the July 7 bombing ringleader and being under investigation by police and MI5. http://bit.ly/2rY8SwC

KPMG has written to hundreds of its present and former partners to warn them about a dispute with the taxman over a bill dating from seven years ago that could lead to them being hit with demands for millions of pounds in taxes. http://bit.ly/2rXU9S8

The Guardian

British Airways has ordered an independent investigation into the systems meltdown that left 75,000 passengers stranded over the bank holiday weekend. http://bit.ly/2rXTNLl

HSBC Holdings PLC is offering its employees cash bonuses of up to 2,500 pounds ($3,226) if they can persuade a colleague to move from London to the bank's new British headquarters in Birmingham. http://bit.ly/2rY4hdJ

The Telegraph

Channel 4 has appointed Alex Mahon of the special effects software company Foundry as its next chief executive, to steer it through choppy political and commercial waters. http://bit.ly/2rYzeym

Pollen Street Capital, which owned Shawbrook before floating it on the stock market two years ago, and BC Partners have lifted their offer for Shawbrook (IPO-SHAW.L) by 10p a share to 340p. http://bit.ly/2rXPfom

Sky News

Scotland Yard has named two of the terrorists involved in the London Bridge attack as Khuram Shazad Butt and Rachid Redouane. http://bit.ly/2rYnE6p

Former Newcastle midfielder Cheick Tiote has died at the age of 30 after collapsing during a training session in China. http://bit.ly/2rY7qu4

The Independent

Technology companies have responded to accusations that they are not doing enough to stamp out extremist content online, in the wake of the weekend's brutal terror attacks in London that left seven people dead and several dozen more injured. http://ind.pn/2rYhu6z

($1 = 0.7748 pounds) (Compiled by Bengaluru newsroom)

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