PRESS DIGEST- Financial Times - May 29

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

- MPs and retailers hit out at UK plan to cap basic food prices - Mike Lynch uses $50 million in Darktrace shares to secure US bail

- Former Enel chief says governments cannot ignore energy transition Overview

- Britain's Conservative MPs and retailers have hit back at government plans to encourage supermarkets to cap the price of food staples, in a fierce backlash against the move. - Billionaire Mike Lynch, the founder of British software group Autonomy, has used about $50 million worth of shares in British cyber security group Darktrace PLC to pay for his bail as he awaits trial for fraud in the United States.

- The former chief of Italy's largest state-backed utility Enel SpA has said all governments will have to tackle green energy transition regardless of their beliefs about climate change. (Compiled by Bengaluru newsroom)