PRESS DIGEST- Financial Times - Oct 31
Monzo raises 85 million stg to help launch new products and expand https://on.ft.com/2ABTB7V
S&P warns no-deal Brexit would spark recession https://on.ft.com/2ABhfBc
WH Smith agrees 155 million stg deal for US airport chain InMotion https://on.ft.com/2ABXo4U
Digital bank Monzo said on Wednesday it raised 85 million pounds ($107.98 million) in the latest round that values it at 1 billion pounds, adding that the British company planned to double its headcount.
Ratings agency Standard & Poor's said on Tuesday that the base-case scenario for Brexit would be that UK and the European Union strike a deal and that a no-deal Brexit would likely tip Britain into a long recession.
Books, newspaper and stationery seller WH Smith Plc said on Tuesday it agreed to buy airport-based digital accessories chain InMotion, for 155 million pounds. ($1 = 0.7872 pounds) (Compiled by Bengaluru newsroom)
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)