Press Digest: Financial Times - Jan. 7

Shawbrook

07/01/2025 03:27

Jan 7 (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
    - Bet365 boss Denise Coates' pay nearly halved to 150 mln
stg last year
    - Shawbrook owners target 2 bln stg valuation as they weigh
sale or IPO
    - UK high-speed rail line told to cut charges
    - Nippon Steel and US Steel sue after Joe Biden blocks $15
bln deal

     
    Overview
    
    - British gambling firm Bet365's boss Denise Coates saw her
annual payout from the family's gambling empire nearly halved to
150 million pounds ($187.80 million) last year, yet she remains
one of the UK's wealthiest executives.
    
    - UK-based Shawbrook's  IPO-SHAW.L  private equity owners
are considering a sale of the lender or a London listing at a
target valuation of 2 billion pounds, signaling a rare positive
development for the UK capital after a challenging year for its
main stock market.
    
    - HS1 Ltd, the owner of Britain's only high-speed railway,
has been told to lower the charges that train operators
including Eurostar pay to use the line linking London to the
Channel Tunnel.
    
    - Nippon Steel  5401.T  and U.S. Steel  X.N  have filed two
lawsuits in the US alleging "wrongful interference" after
President Joe Biden blocked the proposed $15 billion acquisition
of U.S. Steel days earlier.


($1 = 0.7987 pounds)
    

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