Sept 11 (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
Prime Minister Boris Johnson is facing a revolt by up to 30 Tory MPs over plans that would break international law and allow him to renege on parts of his Brexit deal. https://bit.ly/2Zpupxp
The chief executive of Astrazeneca Plc has said that it is “still feasible” that the COVID-19 vaccine that it is developing with the University of Oxford could be available by the end of the year, despite being forced to stop trials. https://bit.ly/2ZnAom3
The Guardian
The Labour party has called on the government to intervene to prevent parts of the microchip designer Arm from being moved out of the UK if it is bought by the U.S. chipmaker Nvidia Corp . https://bit.ly/3k46ETk
The supercar and Formula One racing group McLaren is planning to sell and lease back its Norman Foster-designed headquarters in Surrey as it seeks to shore up its balance sheet after the coronavirus pandemic triggered a slump in sales. https://bit.ly/2GQgHNx
The Telegraph
UK finance minister Rishi Sunak has been urged by MPs to extend the taxpayer-funded furlough scheme for businesses with a chance of surviving the coronavirus storm. https://bit.ly/3k5rSjF
Amazon.com Inc has been accused of coronavirus “price gouging” after a consumer watchdog found prices for life-saving items such as face masks and hand sanitiser had soared by up to 1,000% during the pandemic. https://bit.ly/33aUIIs
Sky News
Scottish-born Citigroup Inc executive Jane Fraser is to become the first woman to lead a Wall Street bank after being announced as the firm’s chief executive officer. https://bit.ly/3heQS69
Caffe Nero has become the latest high street coffee chain to seek rent cuts from landlords amid tough new restrictions that could hamper the hospitality sector’s recovery from COVID-19. https://bit.ly/3kapTuj
(Compiled by Bengaluru newsroom)
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