PRESS DIGEST- Financial Times - August 22
Aug 22 (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 summons Israeli ambassador over approval of settlement project
- Tube union calls strike for early September
- UK will take over key part of Sanjeev Gupta's steel business
- Wes Streeting issues private ultimatum to pharma groups in NHS pricing talks
Overview
- Britain has summoned the Israeli ambassador to London after Benjamin Netanyahu's government approved a settlement plan in the West Bank that Britain has warned would be a "flagrant breach" of international law.
- The RMT union on the London Underground has announced a strike that it said would being "serious disruption" to the capital's transport network from September 5 for a week.
- The British government is set to take over the running of a major part of Sanjeev Gupta's Liberty Steel business, after one of the UK's largest steelworks was declared insolvent in London's High Court.
- Britain's health secretary Wes Streeting has issued a private ultimatum to pharmaceutical companies to accept the government's latest offer on drug pricing by Friday or he will publicly end the talks, raising the stakes in negotiations over how much the NHS should pay for treatments.
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