CORRECTED-PRESS DIGEST-British Business – June 8

(Corrects date in headline)

June 8 (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

– The external auditor of BT Group Plc has issued an “adverse opinion” on the company’s internal financial reporting controls in a fresh blow to its accounting credibility.

– Amanda Staveley is facing a demand from a former business associate for up to half of the 1.6 billion pounds she is claiming from Barclays Plc on the eve of her long-awaited court battle with the bank.

The Guardian

– Britain’s three biggest airlines British Airways’ owner IAG, Ryanair Holdings Plc and EasyJet plc have started legal proceedings against the government in a bid to overturn quarantine rules due to take effect in the UK from Monday.

– Downing Street fears that EU chief negotiator Michel Barnier has lost his grip on the fishing negotiations, throwing doubt over Prime Minister Boris Johnson’s hopes of a summer of swift and definitive progress towards a trade and security deal with the EU.

The Telegraph

– The Treasury is racing to throw a taxpayer-funded lifeline to so-called shadow banks struggling due to coronavirus chaos.

– Boris Johnson considers giving drivers up to 6,000 pounds in diesel and petrol car scrappage scheme.

Sky News

– British companies could be saddled with unsustainable taxpayer-guaranteed loans of up to 36 billion pounds as they try to survive the coronavirus pandemic, a report from a panel of business leaders will warn next week.

– Lookers Plc, one of Britain’s car dealers, is parting company with its auditor following the discovery of a potential fraud which has forced it to delay its annual results and cast doubt over its future.

The Independent

– Pubs in England could reopen again two weeks earlier than planned on 22 June, according to reports.

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