PRESS DIGEST- Financial Times - May 23
May 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
- UK to pay 101 million pounds a year under deal to hand over Chagos Islands to Mauritius
- David Cameron in talks to join law firm DLA Piper as consultant
- UK seeks to sell ‘Ozymandian’ Brexit checkpoint after EU deal
- UK weighs bill to wipe out debts British Steel owes to Chinese parent
Overview
- Britain's Prime Minister Keir Starmer has signed a long-term deal to hand sovereignty of the Chagos Islands to Mauritius under which Britain will pay more than 100 million pounds ($134.52 million) a year to guarantee the future of a joint US-UK air base.
- Former UK prime minister David Cameron is in talks to join the law firm and lobbyist DLA Piper as a consultant.
- UK ministers are trying to sell a 1,300-truck Brexit border check facility in Kent that is set to be rendered redundant by this week’s EU trade pact.
- Ministers in Britain have discussed using new legislation to wipe out British Steel's debts of close to 1 billion pounds, according to Whitehall figures, a controversial move that some in government believe could ease a sale of the business.
($1 = 0.7434 pounds)
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