Aug 6 - The following are the top business stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy.
- The Bank of England called an end to its pandemic stimulus by declaring that some modest tightening of monetary policy is likely to be necessary after warning that inflation will peak at 4 per cent later this year, the highest level in a decade. Cairn Energy is going to receive $1.7 billion in compensation as part of a long-running tax dispute with India. - KPMG has been fined a near-record 13 million pounds and severely punished in a long-running case for misconduct relating to the sale of the bedmaker Silentnight to an independent equity group in 2011 https: bit.ly 3 AcoLys
The British government has been forced to fund hundreds of extra places at universities in England, as rampant grade inflation unleashed by cancelling exams has meant unexpectedly high numbers of students qualified. Lionel Messi is set to leave FC Barcelona after his club said a new contract could not happen in line with the financial fair play rules set by LaLiga.