March 31 (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's biotech company Oxford Nanopore is planning to float on the London Stock Exchange with a potential valuation of more than 2 billion pounds ($2.75 billion), in a boost for UK's life sciences sector and the city. https:// Guardian
- Australia's biggest telecom firm Telstra TLS.AX , exploited customers' vulnerabilities in selling mobile phone contracts, ACCC has said, leaving average debts of $7,400. https:// German carmaker Volkswagen (DE:VOWG_p)'s U.S. website issued false statements this week saying it would change its brand name to "Voltswagen" only to reverse course on Tuesday and admit that the supposed name change was just a joke. https:// Telegraph
- Tesla owner Elon Musk's latest rocket, SpaceX's Starship 11, has exploded just before its attempted landing sequence, raining debris down on the surrounding launch pad. https:// The implosion of Bill Hwang's trading empire Archegos Capital Management could trigger $10 bln of losses across the financial system, analysts warned, as watchdogs around the world launched an investigation into how banks handled the controversial fund. https:// News
- Payments platform Wise and its bankers are in advanced talks about creation of a new dual-class share structure as part of proposals to go public at the London Stock Exchange. https:// Britain's oldest privately owned lender C Hoare & Co is lining up former Lloyds (LON:LLOY) executive Diana Brightmore-Armour as its new chief executive. https:// Independent
- J D Wetherspoon Plc JDW.L has announced plans to open 18 new pubs and create 2,000 jobs but warned it would call off the investment if new COVID restrictions are introduced. https:// = 0.7276 pounds)