PRESS DIGEST- Financial Times - Sept 13

- British retailer Marks and Spencer said on Sunday it is reviewing the future of its 20 French stores after border delays caused by post-Brexit customs arrangements impacted deliveries of UK-made fresh and chilled foods. - U.S. House Democrats want to scale back president Joe Biden's proposed tax increases on corporate income and capital gains, according to a draft tax plan obtained by the Financial Times.

The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy. Headlines

- CBI head warns Sunak of further backlash over corporate tax hikes https://on.ft.com/3zc6sc0 - M&S reviews future of French stores amid Brexit delivery delays https://on.ft.com/391sZ0n

- House Democrats float 26.5% corporate tax rate to fund Joe Biden's budget https://on.ft.com/3A74sD0 Overview

- Tony Danker, head of the Confederation of British Industry (CBI), will say in a speech he is quite worried the UK government thinks that taxing business will not have any consequences for growth. - British retailer Marks and Spencer said on Sunday it is reviewing the future of its 20 French stores after border delays caused by post-Brexit customs arrangements impacted deliveries of UK-made fresh and chilled foods.

- U.S. House Democrats want to scale back president Joe Biden's proposed tax increases on corporate income and capital gains, according to a draft tax plan obtained by the Financial Times. (Compiled by Bengaluru newsroom)