PRESS DIGEST- British Business - May 23 [Reuters]
BT GROUP (BT)
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Source: Reuters
PRESS DIGEST- British Business - May 23 May 23 (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 Sir Philip Green's retail empire Arcadia Group said it will close all Topshop stores in the United States as part of a proposed rescue package that faces opposition from landlords and the Pensions Regulator. bit.ly/2HLW95K Marks and Spencer Group PLC Chief Executive Officer Steve Rowe said that the group would close 25 Simply Food convenience shops in a more wide-ranging revamp than had been announced before. bit.ly/2HL8GpX The Guardian Pret a Manger Chief Executive Officer Clive Schlee said the company plans to rapidly expand its vegetarian chain after buying sandwich business Eat for an undisclosed sum, if the deal is given the green light by the competition watchdog. bit.ly/2HQCdi3 Prospect, one of the largest unions representing BT Group PLC workers, claimed
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