PRESS DIGEST- Financial Times - April 15
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 digital bank Zopa turns a profit as it eyes an IPO - UK home insurers hit by surge in weather damage claims
- Britain's Treasury urged to reverse end of stamp-duty relief for multiple dwellings - Proxy advisers inflict 'serious harm' to UK, says AstraZeneca chair
Overview - SoftBank-backed UK digital bank Zopa has swung to profitability, taking the fintech group a step closer to an anticipated public listing.
- A succession of severe storms last year left UK home insurers on the hook for 573 million pounds ($713.96 million) in weather damage, the highest since the data began to be tracked seven years ago. - Real estate groups are lobbying the Treasury to row back on changes to property taxation in England that would see investors in rental housing pay more tax on deals.
- AstraZeneca's chair has hit out at proxy advisers for "double standards" that "do serious harm" to the competitiveness of UK companies, after more than a third of the company's shareholders voted against a potential 1.8 million pounds ($2.24 million) pay rise for chief executive Pascal Soriot. ($1 = 0.8026 pounds) (Compiled by Bengaluru newsroom)
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
- READ MORE ON:
- Overview - SoftBank
- Pascal Soriot
- AstraZeneca
- Britain
- Treasury
- Zopa
- England
- Bengaluru
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