Aug 17 (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 heads of the vaccine businesses at GlaxoSmithKline Plc and Sanofi SA, which are developing a COVID-19 vaccine together, said that “rapid progress” was being made in the battle to treat the disease, but that collaboration and protecting as many people as possible were more important than being first. https://bit.ly/31Xgten
The housing market had its busiest month for at least a decade in July as the value of property sales reached a record 37 billion pounds ($48.47 billion), according to property website Rightmove. https://bit.ly/2FoL8tm
The Guardian
Sir Cameron Mackintosh, the West End producer of Les Misérables and Hamilton, has made about 200 employees redundant in the latest blow to the theatre industry. https://bit.ly/2Yo7CSb
Serco Group Plc, the company awarded a contact-tracing contract worth 108 million pounds, was fined 2.6 million pounds for failures on another government contract just months ago, the Guardian has learned. https://bit.ly/2FnjahA
The Telegraph
Cineworld Group Plc, the world’s second largest cinema chain, is facing a court battle after one of its landlords launched legal action against the cinema chain over unpaid rent. https://bit.ly/31VcIGg
TikTok has shut down an English language news app it owns amid political tensions over the company’s Chinese owners, which is facing questions about censoring articles that are critical of Beijing. https://bit.ly/344K5Jx
Sky News
The Post Office, the UK government-owned company, is to appoint one of its army of postmasters to its board for the first time as part of its bid to move on from the multi-million pound scandal which left some of its managers wrongly sent to prison. https://bit.ly/31T5RNA
($1 = 0.7634 pounds) (Compiled by Bengaluru newsroom)