PRESS DIGEST- British Business - Oct 17

Sun Oct 16, 2016 7:50pm EDT
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Oct 17 (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

- Britain's biggest supermarkets have been accused of treating suppliers unfairly by demanding savings when the pound was strong but refusing to share the burden of higher costs now that sterling has collapsed.

- Software company Misys IPO-MISY.L is set to cut the value of its flotation in another sign of market uncertainty after the European Union referendum. Misys had been targeting 4.5 billion pounds, but Vista Equity Partners, its American private equity owner, is expected to reduce the price by up to 30 percent when it announces details of the offer as early as this week.