British Business - August 12



Aug 12 (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 handled 6.3 million passengers last month, nearly 20% below its pre-pandemic levels, after it failed to recruit enough staff in security, at the gate, and on the tarmac during the spring. Link

- Morses Club MCLM.L is to stop paying out compensation on new customer complaints as the troubled doorstep lender prepares a plan to tackle a potentially devastating flood of claims. Link

The Guardian

- Sainsbury's SBRY.L and Tesco TSCO.L have halted sales of disposable barbecues amid rising alarm about their potential to spark wildfires, as large swathes of the United Kingdom suffer a lengthy dry spell. Link

- Prime Minister Boris Johnson has warned energy companies that sky-high bills will damage their business, speaking at a round table with the electricity sector where the chancellor of the exchequer Nadhim Zahawi cautioned that "extraordinary profits" were being evaluated. Link

The Telegraph

- EDF EDF.PA energy customers in Britain are paying almost two-and-a-half times as much as their counterparts in France after France President Emmanuel Macron imposed strict caps on price rises. Link

Sky News

- The Labour Party has vowed to stop "outrageous" premiums that energy prepayment meter customers face. It is part of a package of measures to tackle the cost of living crisis which the party is set to unveil. Link

(Compiled by Bengaluru newsroom)

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