PRESS DIGEST-British Business - March 4

March 4 (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

- The UK Treasury is planning an institutional offer of NatWest shares to sit alongside the "Tell Sid" style retail sale in spite of the lessons of the botched twin-track privatisation of Royal Mail in 2013.

- British Finance Minister Jeremy Hunt is drafting plans for up to 9 billion pounds ($11.39 billion) worth of tax rises and spending reductions in an effort to balance the books and pay for a potential 2p cut in national insurance.

The Guardian

- UK Ministers are trying to install a highly paid rail industry figure in the Department for Transport to entrench plans to create Great British Railways before the general election.

The Telegraph

- A group of transport businesses have claimed that a 400-million-pound scheme set up to encourage the rollout of electric buses is effectively subsidising Chinese companies to the detriment of British ones.

- British Finance Minister Jeremy Hunt's bid to convince Chinese fast fashion giant Shein to list in London is facing opposition from some of Britain's biggest retailers.

Sky News

- UK Chancellor Jeremy Hunt is considering a last-minute further cut to public spending to boost the tax giveaway in Wednesday's budget.

The Independent

- Cosmetics retailer The Body Shop has admitted to breaking employment law in sacking hundreds of people at a moment's notice

- UK's King Charles is set to make an official visit to Australia this year despite his recent cancer diagnosis.

($1 = 0.7901 pounds) (Compiled by Bengaluru newsroom)