British Business - Jan 7



Jan 7 (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

Roger Whiteside, the boss of Greggs GRG.L , is retiring after leading the bakery chain for the past nine years and overseeing a seven-fold increase in the company's share price. Link

Activist investor firm Elliott Management Corp. that has been demanding a leadership overhaul at Taylor Wimpey TW.L has told shareholders that it would back Dave Jenkinson, the former boss of Persimmon, to take over as chief executive officer. Link

The Guardian

Dozens of British citizens who lost loved ones and survivors of a terror attack at a Tunisian resort have reached a settlement with the travel company TUI TUIGn.DE , after launching a multimillion pound compensation case, according to a joint statement issued by the operator and a law firm acting on behalf of families. Link

Mishcon de Reya, one of the UK's most prestigious law firms, has been fined a record amount for committing "serious breaches" of money-laundering rules. Link

The Telegraph

Arm, one of Britain's biggest technology companies, is investigating suspicious payments to senior executives at its Chinese joint venture, presenting a potential complication to its $40 billion takeover by a U.S. rival. Link

Andrea Coscelli, the boss of Britain's competition regulator, is to resign amid frustration among ministers that he has not sought to take advantage of Brexit. Link

Sky News

Manchester United MANU.N has finally confirmed the appointment of Richard Arnold as its new boss more than eight months after announcing the departure of veteran chief Ed Woodward. Link

SoftBank 9984.T Vision Fund II struck a deal in recent weeks to invest in Gousto, which marks its 10th birthday this year. Link

The Independent

ITN chief executive officer Deborah Turness has been announced as the BBC's new chief executive of news and current affairs, replacing Fran Unsworth who is retiring at the end of January. Link

(Compiled by Bengaluru newsroom)

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