Press Digest: Financial Times - Sept 23

Polymetal International PK

23/09/2022 01:38

Sept 23 (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
    - Made.com to cut over 30% of workforce https://on.ft.com/3r5IFZi
  
    - Jupiter in talks to sell stake in UK digital bank Starling
https://on.ft.com/3DNk6rY
    - Bank of England raises interest rates by 0.5% points https://on.ft.com/3dyIR08
    - Polymetal cancels full-year 2021 dividend https://on.ft.com/3Svi8k9
    - UK announces 500 mln stg social care funds to help NHS https://on.ft.com/3Svi8k9
    Overview
    - British online furniture retailer Made.com  MADE.L  plans
to let go of more than a third of its workforce as it looks to
raise money or find a buyer in the current market conditions,
the company said in an email to staff.
    - Jupiter Fund Management Plc  JUP.L  is in early talks to
sell its stake in UK digital bank Starling at a discount
according to people familiar with the matter.  
    - The Bank of England lifted interest rates by 0.5% points
to 2.25%, UK's highest since 2008 on Thursday as central banks
around the world seek to tackle inflation.
    - London-listed Polymetal International Plc  POLYP.l  said
on Thursday that it had decided to cancel its final dividend for
2021 on lower cash flows.
    - The British government on Thursday announced a 500 million
pound ($562.80 million) fund in a bid to boost the National
Health Service that has been under  strain due to the pandemic
creating staffing shortages and huge number of patients waiting
to start routine treatments. 
($1 = 0.8884 pounds)
 (Compiled by Bengaluru newsroom)
 ((globalnewsmonitoring@thomsonreuters.com))