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July 14 (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
- The incoming Chairman of the Office for Budget Responsibility Richard Hughes said Britain should not kid itself that soaring national debt can be addressed by high inflation because roughly a third of the 2 trillion pounds ($2.51 trillion)debt stock is linked to the retail prices index. https://bit.ly/3enfJn7
- Three lenders, Nationwide, Coventry Building Society and Co-operative Bank's Platform, have returned to offering mortgages on small deposits, giving a boost to first-time buyers who have grappled with a credit crunch in recent weeks. https://bit.ly/30a8KbN
The Guardian
- Government ministers hope to triple Britain's energy storage capacity by relaxing the planning rules which threatened to stifle a nationwide battery boom. https://bit.ly/3fsgX1E
- Halfords Group Plc has confirmed plans to close up to 60 stores and garages by April, as it accelerates its plans to withdraw from one in 10 of its sites. https://bit.ly/2Osypad
The Telegraph
- Star Barclays banker Roger Jenkins was handed a 50-million-pound payoff when he left in the wake of the financial crisis, a court has heard. https://bit.ly/3gX5RC5
- The UK Serious Fraud Office is to conduct a review into its director Lisa Osofsky's behaviour after a judge accused her of falling for "flattery". https://bit.ly/2DFYdOb
Sky News
- Security giant G4S Plc has announced plans to cut up to 1,150 jobs through a shake-up of its cash-handling business in the UK. https://bit.ly/3euWxDQ
- Ocado Group Plc, the UK-based online supermarket and grocery logistics group, has begun hunting for a successor to Lord Rose of Monewden, the retail veteran who has been its chairman since 2013. https://bit.ly/2Wdw6ft
The Independent
- Dozens of millionaires and billionaires have called for higher taxes on wealth to help fund the economic recovery from the coronavirus pandemic. https://bit.ly/2ZnYMEL
($1 = 0.7966 pounds) (Compiled by Bengaluru newsroom)