Press Digest: Financial Times - Feb 20

Esken

20/02/2024 01:26

Feb 20 (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
    - Union body urges UK business to 'get on board' with
Labour's worker rights plans
    - UK's Sunak bids to win back support of British farmers
    - Carlyle in talks with London airport owner to resolve loan
row
    - French car parts supplier Forvia to cut 10,000 jobs to
tackle Chinese competition
    
    Overview
    - Most employees on zero-hour contracts have been "stuck" in
their job for more than a year, the umbrella body for the
British union movement said on Tuesday, as it called on
businesses to back Labour's plans to strengthen workers' rights.
    - British Prime Minister Rishi Sunak will seek to win back
British farmers on Tuesday ahead of the general election
expected later this year, pledging the government "will be by
their side" as a recent poll suggests the ruling Conservatives
are losing support in their traditional rural strongholds.
    - Esken  ESKN.L , the owner of London Southend Airport, is
facing demands by a Carlyle  CG.O  fund to repay an outstanding
convertible loan four years before its maturity date, the group
said on Tuesday.
    - French automotive supplier Forvia  FRVIA.PA  plans to cut
up to 10,000 jobs in Europe over the next five years, in part
through attrition, it said on Monday, becoming the latest auto
industry player to react to falling demand and China's
dominance.
    
    
    

 (Compiled by Bengaluru newsroom)
 ((globalnewsmonitoring@thomsonreuters.com))