PRESS DIGEST-British Business - Sept 30

Sept 30 (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

- UK's roadside assistance company AA Plc has given its final suitor more time to come up with a takeover offer that would help to rescue the 115-year-old group from its 2.6 billion pounds ($3.35 billion) debt mountain. https://bit.ly/2Gq2ExN

- Alphabet's Google is in advanced discussions to expand its London office footprint in a demonstration of its commitment to the city and the future of office working. https://bit.ly/2G9jRMc

The Guardian

- The 10pm curfew on pubs, bars and restaurants in England should be reviewed every three weeks and scrapped if found to be ineffective, according to an open letter to the prime minister from 100 major hospitality firms, who have won backing from MPs. https://bit.ly/3n3ualS

- UK charities have warned in a letter to the chancellor on Tuesday that about 700,000 people, including 300,000 children, will be "cut adrift" into poverty if the government cuts the 20 pounds-a-week pandemic uplift to key social security benefits. https://bit.ly/33f12jK

The Telegraph

- Walt Disney Co said on Tuesday that it would lay off 28,000 staff in its giant theme parks division, blaming the ongoing COVID-19 crisis that has seen its flagship California park closed for months. https://bit.ly/3ijRrfr

- The billionaire brothers from Blackburn seeking to buy the supermarket chain Asda from the Walmart Inc, own scores of petrol stations close to its supermarkets, according to new figures likely to spark scrutiny by competition watchdogs. https://bit.ly/33g2Ybm

Sky News

- Online retailer and technology company THG Holdings Plc will announce the purchase of a skincare brand Perricone MD as soon as Wednesday, the Sky News reported, citing a person close to the transaction. https://bit.ly/33dZNRL

- Fast-food giant Burger King is preparing to close a number of its UK restaurants as part of a restructuring process triggered by the coronavirus pandemic, the Sky News reported, citing sources. https://bit.ly/349NoNN

($1 = 0.7772 pounds) (Compiled by Bengaluru newsroom)

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