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Monday newspaper round-up: Travel industry, Twitter, AA

By Michele Maatouk

Date: Monday 10 Aug 2020

Monday newspaper round-up: Travel industry, Twitter, AA

(Sharecast News) - The travel industry has urged the government to rethink its 14-day quarantine policy for holidaymakers as rising coronavirus cases on the continent - including France and Greece - put more countries within the scope of the blunt approach. Testing at airports and regional quarantine requirements are among alternatives put forward by tourism figures concerned by the impact the policy could have on an already battered sector. - Guardian
The number of footballers investigated by HMRC rose dramatically in the tax year 2019-20, going up from 87 to 246 individuals, according to research by the accountancy firm UHY Hacker Young. The figures show footballers and their image rights are coming under increasing scrutiny as the UK tax authorities look to clamp down on loopholes in the way players are paid. - Guardian

Landlords, shops and restaurants have joined forces to ask the Government to step in and pay commercial rents to help them survive the coronavirus pandemic. Trade bodies have been in talks with ministers about proposals that would see the Government fund up to 50pc of rent and services charges owed by businesses in the retail, hospitality and leisure sectors. These "Property Bounce Back" grants would be targeted at businesses worst affected by lockdown. - Telegraph

Twitter has made an audacious attempt to gatecrash Microsoft's talks to buy TikTok with a proposal to acquire the Chinese video-sharing app's US operations. The micro-blogging network has held preliminary talks with TikTok, although it is regarded as a long shot to secure a deal given its market capitalisation of $29 billion is dwarfed by Microsoft's $1.6 trillion value. Twitter's interest was first reported in The Wall Street Journal. - The Times

The AA's biggest shareholder has dismissed the private equity approaches for the breakdown service as "very opportunistic" and told it not to accept too low an offer. Drew Dickson, founder of Albert Bridge Capital, said he was surprised by the AA's response to the approaches, adding that it was "jeopardising negotiating leverage" by emphasising the "dire circumstances" resulting from its £2.6 billion debt burden. - The Times


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