PRESS DIGEST- Financial Times - Sept 23
Headlines - Made.com to cut over 30% of workforce https://on.ft.com/3r5IFZi - Jupiter in talks to sell stake in UK digital bank Starling https://on.ft.com/3DNk6rY - Bank of England raises interest rates by 0.5% points https://on.ft.com/3dyIR08 - Polymetal cancels full-year 2021 dividend https://on.ft.com/3Svi8k9 - UK announces 500 mln stg social care funds to help NHS https://on.ft.com/3Svi8k9 Overview - British online furniture retailer Made.com plans to let go of more than a third of its workforce as it looks to raise money or find a buyer in the current market conditions, the company said in an email to staff.
The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy. Headlines
- Made.com to cut over 30% of workforce https://on.ft.com/3r5IFZi - Jupiter in talks to sell stake in UK digital bank Starling https://on.ft.com/3DNk6rY
- Bank of England raises interest rates by 0.5% points https://on.ft.com/3dyIR08 - Polymetal cancels full-year 2021 dividend https://on.ft.com/3Svi8k9
- UK announces 500 mln stg social care funds to help NHS https://on.ft.com/3Svi8k9 Overview
- British online furniture retailer Made.com plans to let go of more than a third of its workforce as it looks to raise money or find a buyer in the current market conditions, the company said in an email to staff. - Jupiter Fund Management Plc is in early talks to sell its stake in UK digital bank Starling at a discount according to people familiar with the matter.
- The Bank of England lifted interest rates by 0.5% points to 2.25%, UK's highest since 2008 on Thursday as central banks around the world seek to tackle inflation. - London-listed Polymetal International Plc said on Thursday that it had decided to cancel its final dividend for 2021 on lower cash flows.
- The British government on Thursday announced a 500 million pound ($562.80 million) fund in a bid to boost the National Health Service that has been under strain due to the pandemic creating staffing shortages and huge number of patients waiting to start routine treatments. ($1 = 0.8884 pounds) (Compiled by Bengaluru newsroom)
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)