Financial Times - Aug 21
Aug 21 (Reuters) -The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy.
Headlines
- BT suffers blow as Sky opts for CityFibre’s network in broadband deal
- UK chancellor plans to raise social rents to boost affordable housebuilding
- UK to hire 100 intelligence officers in push to return more failed asylum claims
- EU to hit Teslas imported from China with 19% tariffs
- US judge throws out FTC’s ban on non-compete agreements
Overview
- BT BT.L has suffered a blow after British TV company Sky chose rival network provider CityFibre as its second broadband partner while the two telecoms groups compete to roll out full fibre across the country.
- UK chancellor Rachel Reeves is planning to raise social rents by more than inflation for the next 10 years in an attempt to boost the building of affordable homes.
- British Prime Minister Keir Starmer’s government is hiring 100 specialist intelligence officers and plans to expand the immigration detention estate as part of a drive to increase returns of failed asylum seekers to levels last seen in 2018
- Brussels plans to hit Tesla TSLA.O cars imported into the EU from China with tariffs of 19%, a lower rate than those for Chinese electric-vehicle makers.
- A US judge has blocked the Federal Trade Commission’s ban on non-compete agreements, saying the regulator lacked the authority to stop agreements that bar employees from getting new jobs at rival firms.
(Compiled by Bengaluru newsroom)
</body></html>Related Assets
Latest News
Disclaimer: The XM Group entities provide execution-only service and access to our Online Trading Facility, permitting a person to view and/or use the content available on or via the website, is not intended to change or expand on this, nor does it change or expand on this. Such access and use are always subject to: (i) Terms and Conditions; (ii) Risk Warnings; and (iii) Full Disclaimer. Such content is therefore provided as no more than general information. Particularly, please be aware that the contents of our Online Trading Facility are neither a solicitation, nor an offer to enter any transactions on the financial markets. Trading on any financial market involves a significant level of risk to your capital.
All material published on our Online Trading Facility is intended for educational/informational purposes only, and does not contain – nor should it be considered as containing – financial, investment tax or trading advice and recommendations; or a record of our trading prices; or an offer of, or solicitation for, a transaction in any financial instruments; or unsolicited financial promotions to you.
Any third-party content, as well as content prepared by XM, such as: opinions, news, research, analyses, prices and other information or links to third-party sites contained on this website are provided on an “as-is” basis, as general market commentary, and do not constitute investment advice. To the extent that any content is construed as investment research, you must note and accept that the content was not intended to and has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such, it would be considered as marketing communication under the relevant laws and regulations. Please ensure that you have read and understood our Notification on Non-Independent Investment. Research and Risk Warning concerning the foregoing information, which can be accessed here.
