PRESS DIGEST-Financial Times - Jan 30

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

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

- Delivery Hero to sell stake in Deliveroo as demand for food dispatch wanes - Teesworks review criticises project's governance but finds no corruption

- Betting group Flutter proposes moving listing to New York - Channel 4 cuts almost fifth of staff and lines up London office sale

Overview - German food delivery group Delivery Hero said on Monday it intended to sell up to 68.2mn class A ordinary shares in British industry rival Deliveroo — equivalent to about a 4.5% stake — and does not expect to hold any stock in the company after the settlement.

- A government review into Britain's largest freeport, the Teesworks regeneration project, has found no evidence of corruption, but said there were not sufficient safeguards in place to ensure value for taxpayers. - Dublin-based online betting company Flutter is planning to propose moving the primary listing of its shares from London to New York at the annual general meeting in May.

- Channel 4 plans to cut nearly a fifth of its workforce and axe underperforming linear TV channels under a new five year strategy to shift to becoming a primarily digital streaming service by 2030. (Compiled by Bengaluru newsroom)