PRESS DIGEST- Financial Times - June 20
June 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
Labour whip resigns over planned UK welfare cuts
Ministers look at energy discounts for UK industry to compete with European rivals
UK to consider economy and carbon mitigation when assessing oil and gas projects
Overview
Vicky Foxcroft has resigned as a Labour whip in protest against plans to cut disability benefits, increasing the pressure on Keir Starmer's government as it faces the threat of a wider rebellion over the policy.
Senior ministers are in urgent negotiations about boosting support for energy intensive British businesses and putting energy costs on a par with France and Germany.
Ministers will consider the economic benefits of North Sea oil and gas projects along with carbon "removal" activities when deciding whether to grant consents, under guidance designed to avoid courts overturning approvals.
Related Articles
[Reuters Analysis] China's bull market risks running out of gas: Raychaudhuri
By Manishi Raychaudhuri HONG KONG, Sept 22 (Reuters) - China's onshore equity markets are booming, outperforming many of their developed market counterparts this year. But whether this is the beginning of a true Chinese equity boom or yet another short-lived bubble will likely depend on gover...
Investing in Robotics & Automation
Robotics and automation are a structural megatrend driven by labor shortages, supply chain shifts, and the push for efficiency.The investment landscape spans industrial leaders, healthcare innovators, logistics adopters, and semiconductor enablers.
[Reuters Analysis] Why South Korea cannot make the same US trade deal as Japan
South Korea trade talks with U.S. have stalled due to FX issuesCurrency market too small for $350 bln fund, unlike Japan's caseHopes grow that bilateral currency swap line may offer solution By Jihoon Lee and Yena Park SEOUL, Sept 15 (Reuters) - South Korea's negotiations with the U.S. on...
Unlocking Gold’s Next Leg: $4,000 in Reach by 2025？
TradingKey - Gold has kicked off a fresh uptrend in early September, breaking out of months of compression and reclaiming key territory. The decisive move above $3,500 establishes a new support base and puts higher objectives back on the table for the weeks ahead
