Nov 14 (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
- Starmer and Reeves ditch plan to increase income tax rates in the Budget
- Aston Martin chair explored buyout of carmaker with Saudi fund
- Elliott’s litigation fund behind UK lawsuit against Rightmove
- BBC apologises to Donald Trump for edit of speech but refuses to pay compensation
Overview
- British Prime Minister Keir Starmer and finance minister Rachel Reeves have abandoned plans to raise income tax rates, changing course just weeks before the November 26 release of the government's budget.
- Aston Martin AML.L chair Lawrence Stroll has explored a deal with Saudi Arabia’s sovereign wealth fund to take the British luxury-car maker private, as the struggling group seeks to raise additional funding amid expanding losses.
- A litigation funding arm of US hedge fund Elliott is financing a planned class-action lawsuit against Britain's biggest property listing portal Rightmove RMV.L over claims the property website levies "excessive and unfair" charges on UK estate agents.
- The British Broadcasting Corporation sent a personal apology to U.S. President Donald Trump but said there was no legal basis for him to sue the public broadcaster over a documentary his lawyers called defamatory.
(Compiled by Bengaluru newsroom)
((globalnewsmonitoring@thomsonreuters.com))