Financial Times - August 28
Aug 28 (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
- UK property market set for busy autumn as listings hit seven-year high
- Klarna weighs removal of co-founder’s key ally from board
- Ryanair expects airfares to continue to fall this winter
- Next store staff win six-year equal pay fight
Overview
- Britain’s housing market is set for a busy autumn after the Bank of England cut interest rates this month for the first time since Covid-19 struck, with the number of homes listed for sale hitting a seven-year high.
- Klarna’s board is weighing the removal of a crucial ally of one of the company’s co-founders, in what would be the second big upheaval of the Swedish fintech’s board in recent months as it prepares for a blockbuster listing.
- Ryanair RYA.I upgraded its summer airfare outlook on Tuesday, saying that it expects fares to continue to fall over the winter months amid ongoing pressure on consumer spending, although the declines will be less than previously feared.
- More than 3,500 current and former shop workers at British retailer Next NXT.L have won a six-year legal fight for equal pay, lawyers representing the claimants said on Tuesday.
(Compiled by Bengaluru newsroom)
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