Press Digest: Financial Times - June 9

Loews

09/06/2023 02:31

June 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
    - Biden and Sunak unveil 'Atlantic declaration' to
strengthen economic ties
    - UK banks must pass on interest rate rises to savers, say
MPs 
    - UK set to introduce floor for oil and gas windfall tax
    - CAB Payments announces plans to pursue London listing
    
    
    Overview
    - U.S. President Joe Biden and British Prime Minister Rishi
Sunak said Thursday their countries would partner on advanced
technologies, clean energy and critical minerals as they
strengthen a historical security alliance.
    - Major banks must pass on benefits of higher UK interest
rates to customers, a top parliamentary watchdog said on
Thursday. 
    - The UK will introduce a floor for the country's oil and
gas windfall tax, as it seeks to boost investment in the North
Sea, although the exact minimum price level was unclear for now.
    - CAB Payments Holdings, a specialist in
business-to-business cross-border payments across emerging
markets, is seeking a London stock market listing to broaden its
ownership and accelerate its growth, the company said on
Thursday.
    
    
    

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