PRESS DIGEST- Financial Times - July 10
July 10 (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
- Thames Water refuses to claw back bonuses despite government threats
- UK set to hold minority stake in Sizewell C nuclear project
- Revolut in talks to raise new funding at $65 billion valuation
- Trump set to visit Scotland this summer
Overview
- Britain's Thames Water awarded bonuses worth 2.5 million pounds ($3.40 million) to its senior staff despite efforts by the country's government to block the payments, according to documents shared by the UK Parliament's environment committee.
- The UK government is set to hold a minority stake of about 47.5% in the Sizewell C nuclear power project with Canadian investor Brookfield Asset Management BAM.TO, British energy supplier Centrica and French energy giant EDF holding the remainder.
- London-based financial technology giant Revolut is in talks to secure new funding at a valuation of $65 billion.
- U.S. President Donald Trump is expected to visit Scotland in the coming weeks, marking his first visit to Britain since the U.S. election last year.
($1 = 0.7350 pounds)
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