PRESS DIGEST-British Business - Nov 1

Nov 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

Senior Conservative MPs have warned that Home Secretary Suella Braverman risks fuelling support for far-right extremists after she described the Channel migrant crisis as an invasion. Millions of public sector workers in the UK face a pay squeeze next year as the government seeks to fill a 35 billion pound ($40.15 billion) gap in public finances.

The Guardian

The UK government-backed battery startup Britishvolt is on the brink of entering administration with the potential loss of almost 300 jobs, after it struggled to find investors willing to fund its effort to build a giant 3.8 billion pounds "gigafactory" in north-east England. The union that represents Royal Mail workers has reacted angrily to the company's latest pay offer and programme for change, accusing it of a "declaration of war on posties" and raising the prospect of further postal strikes in the runup to Christmas.

The Telegraph

UK PM Rishi Sunak is drawing up plans for years of tax rises for everyone in the country, as a Treasury source warned: "It's going to be rough."

Billionaire Czech investor Daniel Kretinsky is expected to push for the end of Saturday letter deliveries and a renewed focus on parcels after ministers gave him licence to tighten his grip on Royal Mail.

Sky News

Elon Musk has fired Twitter's board of directors and appointed himself its sole member.

Boomin, the online property portal founded by Michael Bruce, former boss of Purplebricks, has called in liquidators after failing to secure new funding. ($1 = 0.8718 pounds) (Compiled by Bengaluru newsroom)

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