PRESS DIGEST- Financial Times - April 18

- Britain's trade union law breaches workers' rights as it fails to protect them against sanctions short of dismissal when they take strike action, the country's highest court has found. - Britain's Royal Mail owner International Distributions Services has rejected a 4.5 billion pounds ($5.61 billion) takeover approach by Czech billionaire Daniel Kretinsky's investment group.

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

- Hunt says Thames Water must 'sort out' its own issues - IMF urges UK to curb rising debt

- UK trade union law breaches workers' rights, Supreme Court finds - Royal Mail owner rejects STG 4.5 bln takeover bid from Czech billionaire Daniel Kretinsky

Overview - Britain's Thames Water must sort out its own financial problems, finance minister Jeremy Hunt has said, as he warned that the government would never insure investors against poor decisions.

- The IMF on Wednesday listed Britain in its Fiscal Monitor publication as one of four large economies that "critically need to take policy action to address fundamental imbalances between spending and revenues". - Britain's trade union law breaches workers' rights as it fails to protect them against sanctions short of dismissal when they take strike action, the country's highest court has found.

- Britain's Royal Mail owner International Distributions Services has rejected a 4.5 billion pounds ($5.61 billion) takeover approach by Czech billionaire Daniel Kretinsky's investment group. ($1 = 0.8024 pounds) (Compiled by Bengaluru newsroom)

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)