June 1 (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

- Sources said that Unilever's board had agreed to hand Nelson Peltz a board seat, despite him owning a small stake in the company, after shareholders had privately encouraged bosses to welcome the activist. https://bit.ly/3x4wfEX

- Next Lottery operator Allwyn Entertainment has postponed its Wall Street debut as it acknowledged pressure from a "significant drop" on the stock market to investors. https://bit.ly/3M7ssLg

The Guardian

- Royal Mail is facing a formal investigation by the UK communications regulator after the postal service admitted that almost a fifth of first-class deliveries arrived at least a day late in the year to April. https://bit.ly/3wXmCXn

- Suppliers to the collapsed fast fashion brand Missguided have filed an official complaint to the Insolvency Service and are considering legal action over what campaigners say was "a reckless approach" by the company's private equity owners. https://bit.ly/394c8NX

The Telegraph

- Kwasi Kwarteng has appointed Marcus Bokkerink, a former partner at Boston Consulting Group, one of the world's biggest consulting firms, to lead the Competition and Markets Authority's board nearly two years after its last permanent chairman resigned. https://bit.ly/3m2Ug9c

- Russia's state-owned gas supplier, Gazprom, said supplies to Shell in Germany as well as to Orsted in Denmark will be cut off on Wednesday after they refused to bow to Putin's demands to pay in roubles. https://bit.ly/38T9GtT

Sky News

- Deutsche Bank has been raided for the second time in less than a month and regulators in Germany claim that DWS, bank's asset management arm, sold investment products worth $1tn as more environmentally friendly and "sustainable" than they actually were. https://bit.ly/3t79T3w

- Another Conservative MP has submitted a letter of no confidence in Boris Johnson, making him the 28th Tory to publicly call for the prime minister to go over the partygate scandal. https://bit.ly/3GBRHnW

(Compiled by Bengaluru newsroom)