PRESS DIGEST-Financial Times - Nov 18
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 woo business with tax breaks worth 1 bln stg https://on.ft.com/2rTmCtL Labour to push on with 'shares for workers' scheme https://on.ft.com/2XlIzNE
Business warns on Tory points-based immigration system https://on.ft.com/2OlxWq1 Overview
In a speech on Monday, UK Prime Minister Boris Johnson will try to attract British businesses by reducing business rates and providing tax breaks worth 1 billion pounds ($1.28 billion) a year. The Labour Party's general election manifesto will have certain plans to force British companies to give 10% shares to their workers for 10 years, according to the people with knowledge of the manifesto's content.
The Conservative Party's points-based immigration system is getting backlash from business groups who believe that it will make it harder for low-skilled migrant workers to work in UK post Brexit. ($1 = 0.7815 pounds) (Compiled by Bengaluru newsroom)
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
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