Round-up of Friday's business pages

LONDON (Reuters) - Here is a summary of the main stories in Friday's business pages.

Financial Times

BAE LINKED TO ZIMBABWEAN ARMS DEALER

BAE Systems (BAES.L) paid at least 20 million pounds ($39.65 million) to a company linked to a Zimbabwean arms trader allied to President Robert Mugabe's regime, according to documents seen by the Financial Times.

British properties belonging to John Bredenkamp, a former supplier of military equipment to the Zimbabwean military, were raided by the Serious Fraud Office 18 months ago as part of an investigation into BAE's aircraft sales to South Africa.

The payment of at least 20 million pounds is the first detailed evidence of a financial relationship between Bredenkamp and the group.

JOHNSON PLANS SPACE FOR SMALL RETAILERS

Boris Johnson has put forward proposals which would mean that property developers in London would have to set aside a proportion of new retail space for independent shops.