PRESS DIGEST-Financial Times - May 1

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


Reuters | Updated: 01-05-2024 07:51 IST | Created: 01-05-2024 07:51 IST
PRESS DIGEST-Financial Times - May 1

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

- Manchester United executives to depart as Ratcliffe puts his stamp on club - Jeremy Hunt warns FCA against 'naming and shaming' businesses under investigation

- Deliveroo, Just Eat and Uber Eats to make direct checks on UK riders' immigration status - HSBC's Noel Quinn to step down after 5 years as chief executive

Overview - Manchester United said interim CEO Patrick Stewart and CFO Cliff Baty will step down from their positions at the end of the season.

- British finance minister Jeremy Hunt has warned the Financial Conduct Authority against its plan to "name and shame" companies under investigation in an unusual broadside against the UK's top financial regulator. - Meal delivery companies Deliveroo, Just Eat and Uber Eats have committed to make extra security checks on their British riders, the government said, as it steps up efforts to make it harder for people to work illegally.

- HSBC Chief Executive Noel Quinn said he plans to step down, marking the surprise departure of a hard-nosed leader who has overseen a raft of asset sales, guided the lender to record profit and lifted its share price. (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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