PRESS DIGEST- Financial Times - March 5
Headlines - Cinven agrees to buy majority stake in fund administrator Alter Domus - Jeremy Hunt set to give motorists 5 bln pound tax break in the Budget - 'Erroneous' filings highlight flaws in Companies House data - UK Treasury told to do more to track value for money on gilt sales Overview - British private equity firm Cinven agreed to buy a majority stake in fund administrator Alter Domus from Permira, in a 4.9-billion-euro ($5.32 billion) deal. - British finance minister Jeremy Hunt will give motorists a 5-billion-pound ($6.35 billion) pre-election tax break in the upcoming budget.
The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy. Headlines
- Cinven agrees to buy majority stake in fund administrator Alter Domus - Jeremy Hunt set to give motorists 5 bln pound tax break in the Budget
- 'Erroneous' filings highlight flaws in Companies House data - UK Treasury told to do more to track value for money on gilt sales
Overview - British private equity firm Cinven agreed to buy a majority stake in fund administrator Alter Domus from Permira, in a 4.9-billion-euro ($5.32 billion) deal.
- British finance minister Jeremy Hunt will give motorists a 5-billion-pound ($6.35 billion) pre-election tax break in the upcoming budget. - British supermarket group Sainsbury's, private equity group Macquarie and the Bank of England are some of the companies affected by hundreds of "erroneous" filings at the UK's corporate register.
- A cross-party group of MPs has warned the UK Treasury that it must do more to ensure government debt is issued at the lowest possible cost to taxpayers ahead of a record year for gilt sales. ($1 = 0.7880 pounds)
($1 = 0.9217 euros) (Compiled by Bengaluru newsroom)
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