PRESS DIGEST - British Business - June 10

Sun Jun 9, 2013 8:54pm EDT
 
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June 10 (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

LLOYDS STARTS SEARCH FOR TSB CHAIRMAN

Lloyds Banking Group has taken the first major step towards listing its 632-branch TSB unit on the London Stock Exchange by hiring head hunters to find a chairman for the business. ()

INVESTORS TRY TO SALVAGE RETURNS FROM HIBU

Shareholders in Hibu, the former Yellow Pages business, are attempting to drum up support to avoid being frozen out of a rescue deal that would leave them without any return on their worthless investment and could lead to job cuts among the 13,000 strong international work force. ()

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