May 5 (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
Chief executive of Prudential Regulation Authority Sam Woods said Monday that commercial banks will have enough firepower to support the economy through COVID-19 after regulators moved to boost their capacity to lend. bit.ly/2SxrK12
Norwegian Air is limping towards a state rescue after lenders and shareholders agreed a debt-for-equity swap following a weekend of tense negotiations. bit.ly/2W2ahQs
The Guardian
UK’s Financial Reporting Council said on Monday it has opened an investigation into EY’s audit of the scandal-ridden private hospital operator NMC Health, which collapsed into administration last month. bit.ly/2zfipUH
The Telegraph
Telefonica SA, the Spanish owner of O2, confirmed on Monday it is in talks to combine the mobile operator with Virgin Media, the cable operator controlled by Liberty Global . bit.ly/2YyDJPL
Sky News
Intermediate Capital Group owned food-to-go supplier Adelie has approached Bakkavor and Greencore about a rescue deal. bit.ly/3dercoL
The Independent
UK aviation is in “a death spiral” and in need of immediate government support to save jobs, the British Airline Pilots’ Association (Balpa) has warned. bit.ly/2zR5add
Britain is in talks with Swiss pharmaceutical company Roche Holding AG on a large-scale rollout of a coronavirus antibody test with a near-100% accuracy rate, health secretary Matt Hancock has said. bit.ly/2WmgcyQ
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