PRESS DIGEST-Financial Times - July 26

- Lastminute.com, the online travel company, has begun the search for a new chief executive after its top executives Andrea Bertoli and Fabio Cannavale were remanded in custody by Swiss authorities as part of a probe into possible misuse of pandemic-related state aid funds. - The UK government must immediately provide additional support to households struggling with soaring energy bills, an influential cross-party committee of MPs said on Tuesday adding that the 15 billion pounds ($18.09 billion) support package it unveiled in May had been "eclipsed by the scale of the crisis".

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

- Serica Energy rejects Kistos revised offer https://on.ft.com/3PU1x8d - Lastminute suspended top executives for possible misuse of COVID support funds https://on.ft.com/3J62wQu

- UK government must support households struggling with high energy bills, say MPs https://on.ft.com/3RTNilw Overview

- Serica Energy has rejected a revised merger proposal from energy investment firm Kistos, saying it undervalues the British oil and gas group. - Lastminute.com, the online travel company, has begun the search for a new chief executive after its top executives Andrea Bertoli and Fabio Cannavale were remanded in custody by Swiss authorities as part of a probe into possible misuse of pandemic-related state aid funds.

- The UK government must immediately provide additional support to households struggling with soaring energy bills, an influential cross-party committee of MPs said on Tuesday adding that the 15 billion pounds ($18.09 billion) support package it unveiled in May had been "eclipsed by the scale of the crisis". ($1 = 0.8293 pounds) (Compiled by Bengaluru newsroom)