Financial Times - July 31
July 31 (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
- Lycamobile UK loses £51 million value added tax case
- Greggs targets dinner market with more late openings
- Standard Chartered chief praises 'serious' UK Labour government
- BP to drill new Gulf of Mexico field as profits beat forecasts
Overview
- Lycamobile UK has largely lost a 51 million pounds ($65.49 million) dispute with the British tax authorities in the latest setback for the telecoms company and former Conservative party donor.
- Greggs GRG.L is planning to keep more of its stores open into the evening as people picking up snacks such as steak bakes and vegan sausage rolls after work have driven its sales for the first six months of the year.
- Standard Chartered STAN.L Chief Bill Winters has praised the "serious" new Labour government in an early sign that the party is winning over senior UK business figures in its first weeks in office.
- Energy major BP BP.L announced it will drill a new oilfield in the Gulf of Mexico to tap 80,000 barrels of oil a day from the Kaskida field, which it first discovered in 2006.
($1 = 0.7787 pounds)
(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.
