PRESS DIGEST-Financial Times - May 28

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

Michel Barnier says EU remains 'open' to transition period extension https://on.ft.com/36FAhor Hammerson chief executive to step down https://on.ft.com/2AdVTMI

Aid for UK self-employed in doubt despite pledge of 'parity' with furloughing https://on.ft.com/2TJYkgU Overview

European Union's chief Brexit negotiator, Michel Barnier, has told opposition MPs at Westminster that Brussels remains "open" to extending the transition period by up to two years, as talks on a future trade deal continue to founder. Hammerson Plc said Chief Executive Officer David Atkins will step down by spring 2021 after a decade at the helm.

UK finance minister Rishi Sunak plans to wind down a 6.8 billion pound ($8.34 billion) assistance scheme for the self-employed ahead of the scheduled October end date for his furlough programme for employees. ($1 = 0.8157 pounds) (Compiled by Bengaluru newsroom)

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