British Business - July 5



July 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

British Prime Minister Boris Johnson will announce his intention today to lift remaining lockdown restrictions on July 19 while warning that the public must "exercise judgment when going about our lives". Link

More than a quarter of Deloitte's UK secretarial staff are likely to be made redundant in a shake-up that will lead to executives handling more of their own administrative tasks online. Link

The Guardian

The EU fears that Boris Johnson wants to "dismantle" the Northern Ireland protocol, the Irish foreign minister has said, as relations between Brussels and London deteriorated again after remarks by the Brexit minister David Frost in the past 24 hours. Link

John Lewis is considering plans to build 10,000 homes over the next decade as the high street store group looks to revive its flagging fortunes by becoming a landlord. Link

The Telegraph

Utilities firm Centrica Plc CNA.L is preparing to press the button on a 1.6 billion pounds ($2.21 billion) overhaul of its Rough gas storage site in the North Sea so it can store hydrogen instead of methane. Link

Bank of America BAC.N tells UK workers they can return in two weeks to work but only if they have had at least one COVID-19 vaccine jab. Link

Sky News

Digital banking app Revolut is in detailed talks with investors including SoftBank's Vision Fund about a fundraising that could value the firm over $30 billion. Link

($1 = 0.7234 pounds)

(Compiled by Bengaluru newsroom)

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