PRESS DIGEST- Financial Times - Sept 1
- The Office for National Statistics has decided that a 400 pounds ($463.80) discount from the UK government to help households with energy bills will not lower inflation this winter. - Russia has halted the flow of gas through the Nord Stream 1 pipeline to Europe for three days, the latest disruption to an energy link that has been central to Moscow's efforts to squeeze supplies.
The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy. Headlines
- Boris Johnson set to confirm UK government's 20% stake in new Sizewell C nuclear plant https://on.ft.com/3B1A8fM - Natwest set to refund hundreds of business customers https://on.ft.com/3pWVAfR
- UK energy bill help will not reduce headline inflation, statisticians rule https://on.ft.com/3pXNzHl - Russia shuts down Nord Stream gas pipeline to Europe https://on.ft.com/3Q74odD
Overview - Boris Johnson is expected to confirm this week that the British government will take a 20% stake in a new nuclear power station planned for Sizewell in Suffolk.
- NatWest is set to refund 600,000 pounds ($695,700.00) to hundreds of business customers after the UK's competition regulator found it wrongfully required them to open fee-bearing accounts. - The Office for National Statistics has decided that a 400 pounds ($463.80) discount from the UK government to help households with energy bills will not lower inflation this winter.
- Russia has halted the flow of gas through the Nord Stream 1 pipeline to Europe for three days, the latest disruption to an energy link that has been central to Moscow's efforts to squeeze supplies. ($1 = 0.8624 pounds) (Compiled by Bengaluru newsroom)
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
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- Boris Johnson
- Nord Stream
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