Sept 9 (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
– Lloyds Banking Group has been censured by the competition watchdog for forcing small companies damaged by the pandemic to open paid-for business current accounts to access emergency state-backed loans. https://bit.ly/3k0c1mE
– JP Morgan Chase has found evidence of staff and customers misusing the U.S. government’s flood of stimulus funds this spring and is co-operating with the authorities. https://bit.ly/35i0D1b
The Guardian
– Amazon’s key UK business paid just 3% more tax last year when profits rose by more than a third as the online retailer benefited from the switch to home shopping. https://bit.ly/33dJl2H
– The government response to the coronavirus pandemic is on track to cost the public purse 210 billion pounds ($272.22 billion) for the first six months of the crisis, Whitehall’s spending watchdog has said. https://bit.ly/33pC3ZV
The Telegraph
– Frozen food chain Iceland is planning to recruit 3,000 delivery drivers and extra staff in store to help pick online orders. https://bit.ly/2F3yeS1
– Royal Mail has hinted it could scrap Saturday letter deliveries in one of the biggest postal service shake-ups since the Penny Black was introduced 180 years ago. https://bit.ly/35knLMG
Sky News
– A ban on groups of more than six people gathering in homes, parks, pubs and restaurants in England is being imposed by Boris Johnson in the biggest coronavirus crackdown since lockdown rules were eased. https://bit.ly/3lWTObc
– Deloitte has begun secret talks about the sale of its UK restructuring division, even as the coronavirus pandemic triggers a deluge of corporate insolvencies that should fuel a surge in its profitability. https://bit.ly/335aUuY ($1 = 0.7714 pounds) (Compiled by Bengaluru newsroom)
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