PRESS DIGEST-Financial Times - April 6
The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy. Headlines
- Bailey rejects monetary financing as tool in virus crisis https://on.ft.com/39EFbSE - Rolls-Royce set to ditch targets and suspend dividend https://on.ft.com/39IIOXO
- UK turns to EU support for repatriation flights https://on.ft.com/34f8GJO Overview
- The Bank of England will not resort to monetary financing in order to shield Britain's economy from the coronavirus crisis, its governor Andrew Bailey said. - U.K. aero-engine maker Rolls-Royce Holdings Plc will abandon its targets on profits, cash and deliveries, and suspend its dividend, due to the coronavirus outbreak.
- Britain has secured the European Union's help to cover costs of repatriation flights from Japan, U.S. and Peru, using a programme by the bloc that subsidises efforts to get stranded nationals home. (Compiled by Bengaluru newsroom)
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