British Business – February 26

These are the most popular stories in the British business pages. These stories have not been verified and we cannot vouch their accuracy.

The Times

BP, the oil major in Iraq, and the Iraqi government have agreed to allow the energy group work on the redevelopment and exploitation of four large gas and oil fields in Kirkuk.

Unilever's board of directors has decided to part ways with Hein Schumacher, Chief Executive Officer. They have chosen a new leader they feel will operate at a quicker pace.

The Guardian

British Ministers plan to offer concessions in their plans for AI companies that will make it easier to use work protected by copyright.

The Coventry startup Volklec will manufacture batteries for vehicles, boats, construction equipment and aircraft using Far East Battery's technology. Far East Battery is a manufacturer of batteries that are primarily used for electric bikes.

The Telegraph

Senior politicians have warned RedBird IMI - the Abu Dhabi fund that botched the takeover of The Telegraph - not to try another deal in Britain until it delivers on its promise to sell.

Sky News

The number of convictions in a second Post Office IT Scandal being investigated by the Office of Miscarriages of Justice has more than doubled.

(source: Reuters)