British Business - August 16

Aug 16 (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

Heathrow airport will extend its cap on passenger numbers for another six weeks as the aviation sector continues to struggle to cope with demand. Link

The Guardian

Two of the UK's biggest energy suppliers, Centrica CNA.L and Octopus Energy have thrown their weight behind a plan being debated in the industry to devise a fund that could freeze customer bills for two years. The companies together support a scheme that would create a multibillion-pound facility to spread the cost of an emergency funding package over a decade. Link

The Telegraph

Britain's autumn COVID vaccination campaign will use a new omicron-specific jab as default after the country became the first in the world to authorise a variant vaccine. The next stage of the rollout will see 26 million people invited to get a fresh dose, starting in September, with the over-50s, healthcare workers and the vulnerable all eligible. Link

Sky News

The board of Ted Baker TED.L is preparing to recommend a 110p-a-share offer from Authentic Brands Group (ABG), run by the prominent businessman Jamie Salter. Sources close to the retailer said an announcement about a deal could come as early as Tuesday morning. Link

(Compiled by Bengaluru newsroom)

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