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PRESS DIGEST-British Business - June 15

·2-min read

June 15 (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

- NortonLifeLock, an American antivirus software group has agreed to change its automatic renewals policy after an intervention from Britain's competition watchdog.

- Senior officials at the European Union have clashed over its response to the dispute with the UK over Brexit and Northern Ireland. Hardliners led by President Macron of France and Ursula von der Leyen, the European Commission president, insist that the letter of EU single market law applies.

The Guardian

- Britain's financial regulator has warned it will take legal action against Alphabet Inc's Google and social media companies if they continue to accept advertisements for online financial scams that have flourished during the pandemic.

- Britain's finance minister Rishi Sunak has rejected business demands for an extension of the furlough scheme and business rates relief, despite a four-week delay in the easing of COVID-19 restrictions previously set for June 21.

The Telegraph

- Children in UK may need to be vaccinated to ensure their education can continue without disruption, Chris Whitty, the chief medical officer has suggested.

- The owners of Stobart Air are in talks to secure 120 million pounds of emergency funding after being left on the hook for aircraft lease payments worth tens of millions of pounds.

Sky News

- A UK-Australia free trade deal has been agreed and will be announced on Tuesday morning, a government source has told Sky News.

- The limit on the number of people who can attend weddings in England will be scrapped from 21 June - but rules on singing and dancing will remain, the UK government has announced.

The Independent

- British Prime Minister Boris Johnson has announced a four-week delay to the lifting of remaining COVID-19 restrictions in England to July 19, as a wave of the highly virulent Delta variant sweeps across the country.

(Compiled by Bengaluru newsroom)

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