Press Digest: Financial Times - December 9

Brookfield

09/12/2025 02:30

Dec 9 (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

- Brookfield's Oaktree to invest in Allianz insurance risks

- UK should boost tourism in offshore tax havens, says government adviser

- Cinven agrees 190 million pound deal to buy firm co-founded by former Blair adviser

- UK military figures urge Keir Starmer to commit to higher defence spending

Overview

- Brookfield's BN.TO Oaktree to will invest hundreds of millions in Allianz ALVG.DE policies via Lloyd's syndicate, in the latest example of an alternative asset manager increasing its exposure to commercial risks ranging from cyber attacks to class action lawsuits.

- The UK should help its offshore tax havens develop alternative industries such as tourism in return for greater financial transparency, the government's anti-corruption adviser Baroness Margaret Hodge said.

- Cinven to acquire UK advisory firm Flint Global for 190 million pounds ($253.18 million) including debt, expanding its push into professional services.

- Senior figures in the UK military have called on Prime Minister Keir Starmer to solidify his ambitions to raise defence spending, amid concerns that his cash-strapped government is deferring tough choices on funding the armed forces.

($1 = 0.7505 pounds)

 (Compiled by Bengaluru newsroom)

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