British Business - November 25
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 Revolut said it had completed a secondary share sale valuing it at $75 billion, a 66% jump from last year and underlining the rapid growth of Europe's most valuable financial technology company. - Britain should ban Chinese-linked companies from owning critical national infrastructure, a senior Trump administration official has suggested.The Guardian - BHP abandoned a last-ditch effort to buy rival Anglo American and bolster its dominance in copper, just two weeks before Anglo and Teck Resources' shareholders were set to vote on a $60 billion merger. - Novo Nordisk's closely watched Alzheimer's trials of an older oral version of its semaglutide drug failed to help slow the progression of the brain-wasting disease, the firm said, sending the obesity drugmaker's shares sliding.The Telegraph - BBC Chair Samir Shah has insisted he will not resign despite deep divisions in the broadcaster's board being exposed at a public hearing before MPs. - British Prime Minister Keir Starmer and David Lammy are poised to escape Labour's mansion tax after the Treasury watered down plans to impose a surcharge on Britain’s most valuable homes.Sky News - London-listed private equity investor Bridgepoint has struck a 200 million pounds ($262.10 million) deal to buy a digital asset services business amid growing demand for cryptocurrency investments.($1 = 0.7631 pounds)