British Business - May 9



May 9 (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

Slater Investments, one of the shareholders in Randall & Quilter Investment Holdings Ltd RQIH.L , has rejected a 482 million pounds ($594.16 million) takeover bid to take the company private. Link

Shaftesbury Plc SHB.L and Capital & Counties Properties Plc CAPCC.L , known as Capco, confirmed that the companies are in 3.5 billion pounds merger talks. Link

The Guardian

Britain's energy supplier ScottishPower has warned British Finance Minister Rishi Sunak that further government help with the cost of living crisis must be announced as soon as possible to avoid an autumn emergency for struggling families. Link

The U.S. has unveiled a new layer of sanctions on Russia, targeting services, Russia's propaganda machine and its defence industry on the eve of Vladimir Putin's planned Victory Day parade. Link

The Telegraph

A new nuclear reactor plant in Essex is at risk of collapse because of political opposition to a Chinese investor's involvement, French energy giant Electricite de France SA EDF.PA has warned. Link

Bank of England and City watchdog officials are still spending the vast majority of the week working from home despite ministers piling pressure on workers to get back to their desks. Link

Sky News

Supermarket chain Morrisons has lodged a last-gasp offer to seize control of McColl's Retail Group Plc MCLSM.L and prevent it falling into the hands of its Asda-owning rivals. Link

Britain has announced fresh sanctions targeting 1.7 billion pounds worth of trade with Russia in a bid to "further weaken Putin's war machine". Link ($1 = 0.8112 pounds) (Compiled by Bengaluru newsroom)

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