PRESS DIGEST - British Business - June 5

Tue Jun 4, 2013 7:11pm EDT
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June 5 (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 Telegraph

GOVERNMENT BRACED FOR SEPTEMBER DEADLINE ON RESOLVING FUTURE OF RBS The Government should consider a range of "radical options" for Royal Bank of Scotland, including breaking up the lender, a group of Members of Parliament and peers are likely to recommend. ()

HEATHROW TO OPEN NEW 2.5 BLN STG TERMINAL NEXT YEAR Tuesday marked the 12-month countdown to the opening of a new 2.5-billion-pound ($3.82 billion) terminal building to replace the facility opened by Queen Elizabeth II in 1955. ()

ARGOS BOSS TERRY DUDDY GIVES UP ONE THIRD OF BONUS Home Retail Chief Executive Terry Duddy was initially awarded a bonus of 993,000 pounds -- the equivalent of 118.5 percent of his salary -- but has given up 331,000 pounds and will take the remaining 662,000 pounds in shares deferred for three years. ()   Continued...