PRESS DIGEST-British Business – Aug. 6

The following are the top stories on the business pages of British newspapers. – The Bank of England has 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 moving closer to receiving $1.7 billion in compensation as part of a long-running tax dispute with the Indian government.