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Financial Times - July 30



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July 30 (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

- WPP lines up former BT boss Philip Jansen as its new chair

- Vitol's senior employees paid a record $6.4 billion last year

- NHS watchdog blocks AstraZeneca breast cancer drug

- UK regulator considers rolling back insurance rules for big business


Overview

- WPP WPP.L is set to pick former BT BT.L chief Philip Jansen as its new chair, ending a lengthy search for a boardroom heavyweight to help the UK-based advertising group through a period of sweeping technological change.

- Vitol, the world's largest independent commodity trader, paid senior employees a record $6.4 billion last year, in the latest sign of how companies in the industry have profited from the disruption to energy markets unleashed by Russia’s full-scale invasion of Ukraine.

- England's healthcare spending watchdog has blocked the NHS from providing an innovative treatment for a form of advanced breast cancer, blaming AstraZeneca AZN.L and Japanese company Daiichi Sankyo 4568.T for being "unwilling" to offer their Enhertu drug at a low enough price.

- The UK's top financial regulator is considering rolling back rules governing the sale of insurance to big businesses, as it seeks ways to boost the competitiveness of London's key capital markets.



(Compiled by Bengaluru newsroom)

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