Press Digest: Financial Times - July 26
26/07/2022 01:22
July 26 (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
- Serica Energy rejects Kistos revised offer https://on.ft.com/3PU1x8d
- Lastminute suspended top executives for possible misuse of
COVID support funds https://on.ft.com/3J62wQu
- UK government must support households struggling with
high energy bills, say MPs https://on.ft.com/3RTNilw
Overview
- Serica Energy SQZ.L has rejected a revised merger
proposal from energy investment firm Kistos KIST.L , saying it
undervalues the British oil and gas group.
- Lastminute.com LMN.S , the online travel company, has
begun the search for a new chief executive after its top
executives Andrea Bertoli and Fabio Cannavale were remanded in
custody by Swiss authorities as part of a probe into possible
misuse of pandemic-related state aid funds.
- The UK government must immediately provide additional
support to households struggling with soaring energy bills, an
influential cross-party committee of MPs said on Tuesday adding
that the 15 billion pounds ($18.09 billion) support package it
unveiled in May had been "eclipsed by the scale of the crisis".
($1 = 0.8293 pounds)
(Compiled by Bengaluru newsroom)
((globalnewsmonitoring@thomsonreuters.com))