Top Financial News Highlights

Top stories from the Financial Times include WPP's selection of Philip Jansen as new chair, Vitol's record employee payouts, the NHS watchdog blocking AstraZeneca's cancer drug, and the UK's financial regulator considering insurance rule changes for big businesses.

Top stories in the Financial Times spotlight WPP's choice of former BT boss Philip Jansen as its new chair, signifying a significant strategic move for the advertising giant.

Vitol, the leading independent commodity trader, reported a record $6.4 billion in senior employee payouts last year, reflecting the industry's profit surge amid geopolitical turmoil.

Meanwhile, the NHS watchdog blocked an advanced breast cancer drug from AstraZeneca due to price disputes, and the UK financial regulator is mulling over easing insurance rules to enhance the competitiveness of London’s financial markets.