In This Article:
March 30 (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 British cryptocurrency sector faces a crunch moment this week when a deadline for firms either to secure the approval of the City regulator or to put a stop to their UK operations is set to expire. https://bit.ly/3JYefAo
- One of the biggest shareholders in Barclays Plc has sold a stake in the bank worth about 900 million pounds ($1.18 billion) within a day of the lender revealing a multibillion-pound mistake. bit.ly/3NwVN3H
The Guardian
- A 600,000 euros ($665,400.00) luxury car has been seized in Sardinia as part of EU sanctions against oligarchs, the black Mercedes-Maybach S650 Guard belonged to Alisher Usmanov, a former shareholder in Arsenal football club. bit.ly/3LmTwq7
- The chief executive of LV= Mark Hartigan has come under renewed pressure to quit the mutual insurer after taking a 511,000 pounds bonus. bit.ly/3NHDh98
The Telegraph
- The chief executive of P&O Ferries Peter Hebblethwaite has insisted it will not rehire 800 sacked seafarers in a letter to Transport Secretary Grant Shapps, saying it would bankrupt the business if he brought back the workers. bit.ly/3Ns2VP7
- Britain's Chief Secretary to the Treasury Simon Clarke says Whitehall spending has surged to hit a "high watermark" as he promises to slash the number of civil servants by as much as 70,000. https://bit.ly/3Ns7icZ
Sky News
- A superyacht named Phi owned by a Russian businessman has been detained in London as the UK government continues to impose sanctions due to the ongoing war in Ukraine. bit.ly/3iSFzDT
- Ancala Partners, a London-based infrastructure fund, is in advanced talks to buy the bulk of Babcock International Group Plc's emergency aviation services arm for about 100 million pounds. bit.ly/3qKXUaG
($1 = 0.7637 pounds) ($1 = 0.9017 euros) (Compiled by Bengaluru newsroom)