May 23 (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
- John Allan, the outgoing chairman of Tesco, is to sell his 20% stake in a firm that mentors executives at leading companies, days after he announced his exit from the retailer.
The Guardian
- Meta has been fined 1.2 billion euros ($1.32 billion) for mishandling user information and has been ordered to suspend the transfer of user data from the EU to the US with five months to implement it.
The Telegraph
- Dominic Raab will stand down as an MP at the next general election, calling time on his parliamentary career just a month after he quit the Cabinet over bullying claims from civil servants.
- Mike Ashley is mounting an incursion onto the board of the luxury handbag maker Mulberry, threatening to pit him against its majority owners in a boardroom battle of the billionaires.
Sky News
- The government has sold 1.2 billion pounds ($1.51 billion) of NatWest Bank shares, reducing its ownership of the bailed out bank to 38.6%.
- Rachel Reeves, the shadow chancellor, will pledge during a visit to New York, that an incoming Labour government would 'increase London listings'.
The Independent
- Members of the British Medical Association announced that Junior doctors in England will stage a 72-hour strike on June 14 after the Government failed to make a "credible offer" on pay. ($1 = 0.9084 euros) ($1 = 0.7923 pounds) (Compiled by Bengaluru newsroom)