Press Digest: Financial Times - Dec 20
20/12/2024 04:27
Dec 20 (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
Peter Mandelson to be UK's next ambassador to US
Northern Ireland politicians object to EU law applying in
the region
FCA apologises for delay in shutting fraudulent peer-to-peer
lender
Soho House shares surge on offer to take it private
Jim Ratcliffe's Ineos invests $100 million in Manchester
United
Overview
Peter Mandelson, former Labour cabinet minister and EU
commissioner, is to become Britain's next ambassador to
Washington, with an immediate mission to avert a trade war with
Donald Trump.
Northern Ireland's Democratic Unionist is for the first time
triggering a mechanism allowing legislators to object to the
automatic application of EU law in the region following Brexit.
The UK's financial watchdog has issued a grovelling apology
for "failings" that let hundreds of people lose millions of
pounds they invested in a fraudulent peer-to-peer lender.
Soho House SHCO.N shares surged nearly 70% after the
members' club announced it had received an offer to buy it at a
premium to its current market value, following years of stock
price struggles.
Jim Ratcliffe's Ineos has agreed to inject $100 million into
Manchester United MANU.N , cementing the billionaire's
influence at the English football club.
(Compiled by Bengaluru newsroom)
((globalnewsmonitoring@thomsonreuters.com))