PRESS DIGEST- British Business - Feb. 4

Feb 4 (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

- Wizz Air's largest shareholder private equity firm Indigo Partners said on Monday it was immediately selling most of its 20.6% stake in the Hungarian carrier.

- Britain's biggest retailer Tesco will have to wait until October for its new boss to start after his former employer Walgreens Boots Alliance insisted he see out a non-compete agreement.

The Guardian

- The UK aviation industry has pledged to cut its net carbon emissions to zero by 2050, despite still planning for 70% more flights over the next three decades.

- Nissan has reportedly drawn up contingency plans to pull out of manufacturing in mainland Europe in the event of a hard Brexit in favour of ramping up its production in the UK.

The Telegraph

- A top Citigroup employee has been suspended for allegedly stealing food from the office canteen.

- Lisa Osofsky, director of the Serious Fraud Office (SFO), called for a legal shake-up after she helped secure a global settlement with Airbus over long-running corruption allegations.

Sky News - Advent International, Hellman & Friedman and Mid Europa Partners have teamed up to plot a takeover of Pepco Group.

- Mike Ashley's Frasers Group has bought a 12.5% stake in Mulberry, the British maker of luxury handbags.

Compiled by Bengaluru newsroom