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HomeFinancePRESS DIGEST- Financial Times - Jan 24

PRESS DIGEST- Financial Times – Jan 24

Jan 24 (Reuters) – The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy.

Headlines

– Ex-Treasury official John Kingman to join Barclays board as UK chair

– UK to propose carbon border tax as part of steel industry aid package

– Rishi Sunak orders ethics adviser to investigate Nadhim Zahawi’s tax affairs

– Burkina Faso orders French troops to leave the country

Overview

– Barclays has appointed former HSBC banker Marc Moses and L&G chairman John Kingman to its board, replacing two directors coming to the end of their tenure.

– Britain is to propose a carbon border tax that would place a levy on imported steel as part of a 600 million pound ($742.56 million) support package to help UK’s two biggest steelmakers invest in greener technologies and avoid job losses.

– British Prime Minister Rishi Sunak said he had asked his independent ethics adviser to look into a tax case involving the chairman of his governing Conservative Party because there were “questions that need answering”.

– Burkina Faso has decided to end a military accord that allowed French troops to fight insurgents on its territory because the government wants the country to defend itself. ($1 = 0.8080 pounds) (Compiled by Bengaluru newsroom)

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