March 21, 2017 / 12:50 AM / in a year

PRESS DIGEST- British Business - March 21

March 21 (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

Nearly 15 years after Tesco Plc bought One Stop it is still paying staff at the convenience chain less and charging customers more for products than in its Tesco Express outlets.

Aberdeen Asset Management Plc and Standard Life have given more details about how the joint chief executives of the enlarged business will split their roles in an attempt to head off investors' concern.

The Guardian

HSBC Holdings Plc , the Royal Bank of Scotland Plc , Lloyds Banking Group Plc , Barclays Plc and Coutts are among 17 banks based in the UK, or with branches here, that are facing questions over vast money-laundering operation run by Russian criminals with links to the Russian government and the KGB.

Theresa May has informed the European council that she will trigger article 50 on Wednesday 29 March, but European sources have made clear that Britain could be forced to wait until June to embark on formal talks.

The Telegraph

Arcadia Group chairman Philip Green "prioritised his loyal senior managers" with his 363 million pounds ($449.21 million)deal to help plug the BHS pension black hole, MPs scrutinising the agreement have concluded.

Sports Direct International Plc has lost a trademark battle against a small online business despite claiming that the company, run by a husband and wife team, would confuse consumers about its burgeoning gym business.

Sky News

Japan Tobacco International (JTI) and Imperial Brands Plc are examining whether to pump tens of millions of pounds into P&H in return for an equity stake.

George Osborne has defended his shock appointment as the new London Evening Standard editor after facing criticism for saying he will stay on as an MP while also heading up the newspaper from this May.

The Independent

UK's ambassador to Europe Tim Barrow has warned that the EU will push for Britain to pay a hefty Brexit "divorce bill" after Theresa May triggers Article 50 on March 29.

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