PRESS DIGEST- British Business - June 22
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 Canadian investment giant Borealis Infrastructure is weighing a 5 billion pound ($7.94 billion) approach to buy Severn Trent, two years after the FTSE 100 water company rejected an earlier takeover attempt. (thetim.es/1BvWt2a)
Whitehall is drawing up a hit list of rail projects that could be delayed, scaled back or axed as concern about the performance of Network Rail reaches crisis point. (thetim.es/1BvWumL)