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PRESS DIGEST-British Business - Feb 18

Published 18/02/2021, 11:49 am
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Feb 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

- UK ministers are moving to scrap strict EU limits on state aid to allow the government to provide more support to businesses crippled by the costs of the extended coronavirus lockdown. https:// Almost 5,000 Hongkongers have already applied for the UK's visa route a fortnight after the scheme opened, the Times has learnt. https:// Guardian

- Facebook (NASDAQ:FB) has followed through on its threat to ban Australians from seeing or posting news content on its site in response to the federal government's news media code. https:// Boris Johnson has given his Brexit negotiator David Frost a full-time ministerial job and a place at the cabinet table, where he will lead on Britain's relationship with the European Union. https:// Telegraph

- Topshop and Topman creditors are facing losses of 176 million pounds ($244.09 million) as Sir Philip Green's retail empire is wound up, more than double a previous estimate made by the administrators. https:// Voters in United Kingdom will be obliged to show photo ID at polling stations from 2023 under legislation set to be unveiled by the Government within months. https:// News

- Jaguar Land Rover (JLR) has announced plans to cut 2,000 non-factory jobs - days after it committed to its UK plants and revealed a huge investment in a zero-emission future. https:// Taxpayer-backed lender NatWest is working with Evercore, the investment bank, to help divest the bulk of Adam & Co's operations, the Sky News has learnt. https:// = 0.7210 pounds)

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