PRESS DIGEST-Financial Times - March 6
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
- Ex-Post Office chair accuses CEO Nick Read of bullying head of HR - Jeremy Hunt to unveil 10 bln pounds personal tax cut in the Budget
- PwC strips partners of leadership roles over election rule breaches - Lex Greensill sues UK government over 'misuse of private information'
Overview - The former chair of the Post Office Henry Staunton railed against the scandal-hit organisation's chief executive Nick Read and accused him of bullying the business's former human resources director, in a letter to MPs published on Tuesday.
- UK Chancellor Jeremy Hunt will on Wednesday put a 10 billion pounds ($12.70 billion) personal tax cut at the heart of his budget, which will also see him scrap the colonial-era "non-dom" regime and provide a tax boost to investors in UK companies. - PwC stripped three senior partners of their management roles and disqualified one of them from the race to run its U.S. business after finding they breached leadership election rules.
- Lex Greensill has sued the UK's Department for Business and Trade over alleged misuse of private information, according to High Court records. ($1 = 0.7873 pounds) (Compiled by Bengaluru newsroom)
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