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PRESS DIGEST-British Business - June 18

·2 min read

June 18 (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

- A vaccine passport system could be introduced in Britain in weeks to allow twice-vaccinated tourists to travel abroad without quarantining on their return. https://bit.ly/3gAaEw7

- JP Morgan has struck a deal worth almost 700 million pounds to buy Nutmeg, the British digital wealth manager, as America's biggest bank seeks to kickstart plans to build a consumer business in the UK. https://bit.ly/2TImOK4

The Guardian

- Workers in Britain will not be told by ministers that they should return to their offices when the final phase of lockdown restrictions are expected to be lifted next month, government sources have told the Guardian. https://bit.ly/35vsolE

- Channel 4 could be sold off as soon as next year, with the British government planning to launch a formal consultation into the broadcaster's privatisation within weeks. https://bit.ly/2Uh2wYz

The Telegraph

- Victorian Plumbing, an online bathroom accessories retailer, which is headquartered in Merseyside, will list for 850 million pounds on Aim next week in the biggest ever float for London's junior market. https://bit.ly/3vHf8p2

- Richard Branson's Virgin Atlantic and British Airways have joined a legal challenge against the Government labelling the decision making behind its 'traffic light' system as an opaque 'black box'. https://bit.ly/3iPIEGb

Sky News

- The leader of Northern Ireland's Democratic Unionist Party Edwin Poots has resigned after less than a month in the post. https://bit.ly/35usWrZ

- Wales is delaying further easing of COVID-19 restrictions for four weeks after seeing a spike in cases of the Delta variant, as the nation again faces a "serious public health situation". https://bit.ly/3vuZ7lS

The Independent

- Boris Johnson's Brexit minister David Frost has formally requested a three-month extension to the 'grace period' before a ban on chilled meat exports to Northern Ireland, from 30 June to 30 September. https://bit.ly/35yS5ln

(Compiled by Bengaluru newsroom)