Monday newspaper round-up: Brexit, furlough scheme, quarantine, Visa

Boris Johnson is drawing up legislation that will override the Brexit withdrawal agreement on Northern Ireland, a move that threatens the collapse of crunch talks which the prime minister has said must be completed within five weeks. Johnson will put an ultimatum to negotiators this week, saying the UK and Europe must agree a post-Brexit trade deal by 15 October or Britain will walk away for good. – Guardian

The government’s furlough scheme must be extended for critical sectors of British industry or the country risks losing key skills as it recovers from the pandemic, according to the UK’s foremost manufacturing group. Make UK is joining calls for the government to change its mind about ending the coronavirus job retention scheme in the autumn, after a survey of its members showed almost two-thirds (62%) of companies agreed with the proposal that the scheme be extended. – Guardian

Boris Johnson has been warned by the bosses of the UK’s 20 biggest airports he risks “irreparable damage” to the economy unless he moves to replace quarantine with Covid-19 testing in the next week. – Telegraph

Visa is being investigated by the European Commission over its rules on electronic money providers, after allegations that the giant payments group has behaved in an anti-competitive way. There are also concerns among regulators that some financial technology start-ups are pushing the rules too far through a desire to offer ultra-speedy payments to customers, making it difficult for Visa to check for money laundering and fraud, according to industry insiders. – The Times

The boss of one of the world’s most powerful investment firms has stoked speculation in the City that he is eyeing private equity deals for British companies by flying into the UK. Bruce Flatt, 55, chief executive of Brookfield Asset Management, is understood to have held meetings in the City with Ralf Rank, his head of European private equity. – The Times