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PRESS DIGEST-British Business - June 23

·2-min read

June 23 (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

- UK government has been asked to "urgently intervene" to prevent airlines and holiday companies from withholding billions of pounds worth of refunds for cancelled trips.

- Two of Britain's biggest accountancy firms, PWC and EY are facing an investigation by the industry watchdog over their roles in the London Capital & Finance minibond scandal.

The Guardian

- People with underlying health issues who are most at risk from the Covid-19 will no longer have to shut themselves away in their home and can mix with other people from 6 July in England, the UK Health Secretary Matt Hancock has said.

- Planning permission deadlines are to be extended by the government under new measures to boost the building of thousands of new homes as Britain emerges from the coronavirus lockdown.

The Telegraph

- UK Government has dropped plans to deregulate Sunday trading hours, after more than 50 backbench Conservatory Party MPs warned they were prepared to vote against it.

- The European Commission has warned Britain could face a legal challenge over "air bridges" unless it opens them to all EU countries with similar coronavirus rates.

Sky News

- UK government would have struggled to fund itself if the Bank of England had not intervened during the market "meltdown" of COVID-19, the Bank's governor Andrew Bailey told Sky News.

- Online car retailer Cazoo launched just six months ago will this week lay claim to the status of becoming Britain's fastest-ever technology "unicorn" after raising another £25m from investors.

The Independent

- Pubs and restaurants have welcomed a prospective reduction in the two-metre social-distancing rule in England, but many concerns remain about the future of the industry as a result of the pandemic.

(Compiled by Bengaluru newsroom)