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PRESS DIGEST-British Business - Aug. 3

Aug 3 (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


- Britain should prepare its courts for a flood of bankruptcies in the next few months and needs to liberalise its insolvency system to prevent viable businesses from going bust, senior American economist and policymaker Randall Kroszner has warned. https://bit.ly/3k7HdAW


- The Bank of England has been warned against a big increase to its quantitative easing scheme by Lord King, the governor who started its money-printing programme more than a decade ago. https://bit.ly/2XjhZpA



The Guardian


- Northern Ireland is to be left out of the UK's green car emission restrictions from 1 January, resulting in "Great Britain-only" regulations for carmakers. https://bit.ly/2XhjlkI


- Scottish Power, one of Britain's biggest wind power developers, has called on the government to scrap the limit on its next offshore wind subsidy auction to help power a green economic recovery, claiming it will not lead to a rise in energy bills. https://bit.ly/31d3IMd




The Telegraph


- British Airways expects the 183-million-pound ($239.75 million) fine for breaching data rules to be written down by almost 90 percent. https://bit.ly/3fmux5T


- Butternut Box, an upmarket dog food company backed by the former boss of Sky Bet, is creating up to 500 new jobs at a new factory near Doncaster in England. https://bit.ly/3jYJK0x




Sky News


- The British government is preparing to name Keith Skeoch, the departing boss of Standard Life Aberdeen, as interim chair of the Financial Reporting Council (FRC) following the sudden departure of Simon Dingemans in May. https://bit.ly/31b0Nns





($1 = 0.7633 pounds) (Compiled by Bengaluru newsroom)