PRESS DIGEST- Financial Times - Aug 31
- Saga, the UK over-50s travel and insurance specialist, is planning to raise 150 million pounds ($200.33 million) in fresh capital and bring back its former chief executive and chairman Roger De Haan, as it seeks to shore up its badly bruised cruises and package holidays business. - Rishi Sunak, the chancellor, has been warned by Conservative MPs not to order big tax increases on the wealthy and business to fill the fiscal hole left by COVID-19, amid signs of growing unrest on the Tory benches as they prepare to return to Westminster.
The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy. Headlines
- London West End retailers pitch for help in tempting back shoppers https://on.ft.com/3bbeM1h - Former Saga chief to return as chairman and invest 100 million stg https://on.ft.com/3luVFUp
- Tory MPs warn Sunak against raising taxes to plug fiscal hole https://on.ft.com/2GdrIIr Overview
- Retailers in London's central shopping district are calling for more government action to help them weather a COVID-19 slump in sales that has proved longer-lasting than in other cities and towns. - Saga, the UK over-50s travel and insurance specialist, is planning to raise 150 million pounds ($200.33 million) in fresh capital and bring back its former chief executive and chairman Roger De Haan, as it seeks to shore up its badly bruised cruises and package holidays business.
- Rishi Sunak, the chancellor, has been warned by Conservative MPs not to order big tax increases on the wealthy and business to fill the fiscal hole left by COVID-19, amid signs of growing unrest on the Tory benches as they prepare to return to Westminster. ($1 = 0.7488 pounds) (Compiled by Bengaluru newsroom)
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