PRESS DIGEST-Financial Times - March 12

Headlines - UK government considers changes to law to block Telegraph bid - UK regulator to allow crypto-related securities - Smith & Nephew seeks pay premium for US executives over those in UK - UK backs gas-fired power plants in latest shift in green policy Overview - British Prime Minister Rishi Sunak is considering introducing new powers to allow ministers to prevent a foreign state from owning a British news organisation. - UK's Financial Conduct Authority on Monday said it will allow some bitcoin-linked securities to be listed on the stock market.

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

- UK government considers changes to law to block Telegraph bid - UK regulator to allow crypto-related securities

- Smith & Nephew seeks pay premium for US executives over those in UK - UK backs gas-fired power plants in latest shift in green policy

Overview - British Prime Minister Rishi Sunak is considering introducing new powers to allow ministers to prevent a foreign state from owning a British news organisation.

- UK's Financial Conduct Authority on Monday said it will allow some bitcoin-linked securities to be listed on the stock market. - Smith & Nephew wants to increase pay for its U.S. executives to bring it closer to American levels, with the chair of the medical devices company calling UK pay packages "not sustainable".

- The British government has backed the development of new gas-fired power plants, in the latest move by Prime Minister Rishi Sunak to portray his government as taking a pragmatic approach to tackling climate change. (Compiled by Bengaluru newsroom)