PRESS DIGEST- Financial Times - Dec. 17

PRESS DIGEST- Financial Times - Dec. 17

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

- Boris Johnson to shut door on extending Brexit transition https://on.ft.com/2S24M2D - British Airways' pilots back revised pay offer to end strikes https://on.ft.com/38OA2IC

- Two former Serco directors charged with fraud https://on.ft.com/2ti9zCG - UK-based effects studio Cinesite gets $112m financing to go global https://on.ft.com/2M1CdyK

Overview - British Prime Minister Boris Johnson will publish a Brexit legislation this week which will legally prohibit him from extending the standstill transition period covering relations with the EU beyond December 2020.

- British Airways pilots voted on Monday to accept an agreement to end a dispute over pay which resulted in the first walkout by pilots in the airline's history. - Britain's Serious Fraud Office (SFO) on Monday charged two of Serco's former directors with fraud and false accounting as part of a long-running investigation into a scandal over its electronic monitoring contract with the Ministry of Justice.

- British effects studio Cinesite said on Monday it has secured $112 million in financing and investment to aid international acquisitions. (Compiled by Bengaluru newsroom)

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