PRESS DIGEST- Financial Times - August 4

Headlines UK government confirms 900 mln stg for 'shovel-ready' projects https://on.ft.com/2Xr3ZtU Downing Street confirms lockdowns possible for England's cities https://on.ft.com/33oXnjO Hurtigruten suspends all expedition cruises after Arctic Covid-19 outbreak https://on.ft.com/3i3injZ Hays Travel to cut jobs as Spain rules hit https://on.ft.com/3fxcLwY Overview The British government has confirmed a 900-million-pound ($1.18 billion) stimulus package for more than 300 projects in England in order to expedite construction of homes and infrastructure. Downing Street said on Monday that London and other important cities across England could be put under tough travel restrictions amid concerns of a COVID-19 resurgence in winter.

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 confirms 900 mln stg for 'shovel-ready' projects https://on.ft.com/2Xr3ZtU Downing Street confirms lockdowns possible for England's cities https://on.ft.com/33oXnjO

Hurtigruten suspends all expedition cruises after Arctic Covid-19 outbreak https://on.ft.com/3i3injZ Hays Travel to cut jobs as Spain rules hit https://on.ft.com/3fxcLwY

Overview The British government has confirmed a 900-million-pound ($1.18 billion) stimulus package for more than 300 projects in England in order to expedite construction of homes and infrastructure.

Downing Street said on Monday that London and other important cities across England could be put under tough travel restrictions amid concerns of a COVID-19 resurgence in winter. Norwegian shipping company Hurtigruten has stopped all expedition cruises and accepted its failure in following its own guidelines after at least 41 staff and passengers were infected with coronavirus at the end of July.

United Kingdom's largest independent travel agent Hays Travel is to cut up to 878 jobs in the wake of the government's move to quarantine travellers, which derailed the company's recovery plans. ($1 = 0.7649 pounds) (Compiled by Bengaluru newsroom)