December 6th (Reuters) – The following are the top stories on the business pages of UK newspapers. Reuters has not verified these stories and does not vouch for their accuracy.

The times

– An anonymous investor is reducing its stake in Klarna and offering its shares to retail investors in the UK at a 5% discount on the $ 46 billion valuation that the Swedish “buy now, pay later” lender reached six months ago. https://bit.ly/3DmCbJj

– Boris Johnson wants to curtail the power of judges to overturn decisions of ministers through judicial reviews. https://bit.ly/3DrwGJz

The guard

– Volkswagen has deceived British car buyers by forging the green credentials of its vehicles, lawyers will argue this week, as a compensation suit related to the German company’s “Dieselgate” emissions scandal ends up in the Supreme Court. https://bit.ly/3oq1x4U

– Singapore’s financial regulator has reportedly suspended Bitget, a crypto exchange that is involved in a series with South Korea’s biggest boy band, BTS. https://bit.ly/3DsNxf9

The telegraph

– The Bank of England stands ready to relax the mortgage loan rules introduced in the wake of the financial crisis. Economists warn that a real estate bubble will ignite. https://bit.ly/3DtTpoh

– UK Prime Minister Boris Johnson’s Health and Welfare Fee “will only go up” due to rising costs associated with the UK’s aging population, said former Health Secretary Jeremy Hunt. https://bit.ly/3dn1MHO

Sky news

– Paul Pester, former CEO of TSB Bank, joins the UK fintech madness by launching the first UK-based social networking app, Loop, that enables friends and family to share money. https://bit.ly/3onWdPy

– Donald Trump’s social media company says it has made arrangements to raise $ 1 billion from investors before listing on the US stock exchange. https://bit.ly/3opi49a

(Compiled by Bengaluru Newsroom)