PRESS DIGEST- Financial Times - April 22

Reuters | Updated: 22-04-2024 05:43 IST | Created: 22-04-2024 05:43 IST
PRESS DIGEST- Financial Times - April 22

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

- UK's FCA faces backlash over plan to 'name and shame' companies under investigation - UK Conservative Party lawmaker Mark Menzies to step down at UK general election

- Blackstone bid for Hipgnosis receives backing from board - International hotel chains step up plans to expand in Europe

Overview - Britain's top financial regulator is facing a fierce backlash from the government and City executives over its plan to "name and shame" companies under investigation more frequently and at a much earlier stage.

- British Conservative Party lawmaker Mark Menzies will step down at the general election expected later this year after the party said the MP's conduct fell "below the standards" expected of him following allegations he misused campaign funds. - Blackstone has won the backing of Hipgnosis Songs Fund's board as the US private equity group seeks to derail Concord Chorus's proposed $1.4 billion takeover of the UK-listed music rights investment company.

- Holiday Inn owner InterContinental Hotels Group and Marriott both set out plans this week to add hundreds of existing hotels across Europe to their brands to field a surge in holidaymakers from a post-pandemic travel boom. (Compiled by Bengaluru newsroom)

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

Give Feedback