PRESS DIGEST- Financial Times - May 3

Headlines - Regulator proposes sweeping changes to UK listing regime - UK intelligence agencies to step up anti-fraud efforts - Ministers say Sue Gray refused to help inquiry into new role with Labour - UK Labour leader drops free tuition fees pledge ahead of local elections - UK-listed Videndum issues profit warning as US screenwriters strike Overview - Britain's financial regulator is pursuing a deeper and faster overhaul of the stock market listing rules after a string of high-profile companies shunned the City in favour of New York, raising questions about London's future.


Reuters | Updated: 03-05-2023 05:38 IST | Created: 03-05-2023 05:38 IST
PRESS DIGEST- Financial Times - May 3

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

- Regulator proposes sweeping changes to UK listing regime - UK intelligence agencies to step up anti-fraud efforts

- Ministers say Sue Gray refused to help inquiry into new role with Labour - UK Labour leader drops free tuition fees pledge ahead of local elections

- UK-listed Videndum issues profit warning as US screenwriters strike Overview

- Britain's financial regulator is pursuing a deeper and faster overhaul of the stock market listing rules after a string of high-profile companies shunned the City in favour of New York, raising questions about London's future. - Britain's intelligence agencies will step up efforts to "identify and disrupt" overseas fraudsters as part of a push by ministers to curb financial scams, which are estimated to cost the UK about 7 billion pounds ($8.73 billion) a year.

- Sue Gray refused to co-operate with the official inquiry into the way she resigned as a senior civil servant in order to take a job with opposition Labour leader Sir Keir Starmer, ministers said on Tuesday. - Sir Keir Starmer has vowed to end the "tax and spend" policies of previous Labour leaders as he dropped his former promise of free tuition for all students in England ahead of Thursday's local elections.

- Videndum lost about a tenth of its value on Tuesday after the UK-listed broadcast and film supplier was forced to warn that a screenwriters strike in the U.S. was hitting demand for its products. ($1 = 0.8016 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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