PRESS DIGEST- Financial Times - Jan 14
Headlines
Cuadrilla rebuffed in plea to relax fracking regulations
https://on.ft.com/2RK1hOJ
Lloyd's of London urged to focus growth plans on U.S.
https://on.ft.com/2HdOlwn
Lloyds Banking Group accused of 'gaming' overdraft charges
https://on.ft.com/2RNZY1g
Overview
Britain has rejected the case for relaxing fracking rules despite warnings that the current regime is "strangling" the nascent industry. In a letter obtained under freedom of information legislation, British energy minister Claire Perry dismissed pleas by Cuadrilla for the rules to be loosened.
Lloyd's of London should spend more time focusing on the U.S. and less time planting flags in fast-emerging economies, according to the chair of the body that represents the insurers in the market.
Lloyds Banking Group Plc has been accused of "gaming the system" by making its overdrafts more expensive and complicated for most of its customers. (Compiled by Bengaluru newsroom)
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)