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PRESS DIGEST-Financial Times - February 9

ReutersFeb 9, 2026 12:52 AM

- The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy.

Headlines

- Morgan McSweeney resigns as Downing Street chief of staff

- UK's Argus lobbied Moscow over rules threatening its Russia business

- South East Water still has 'troubling' governance gap, warn auditors

- Ease borrowing curbs for development schemes, gilt investors urge Reeves

Overview

- British Prime Minister Keir Starmer's chief of staff, Morgan McSweeney, quit on Sunday, saying he took responsibility for advising Starmer to name Peter Mandelson as ambassador to the U.S.

- Argus Media has lobbied Moscow to amend a new law that will limit the UK price reporting agency's business in Russia, arguing that it performs an important function in the country's economy.

- South East Water, the British utility that left tens of thousands of customers without water for several days, still has no internal audit function nearly two years after an industry body warned regulators that this could lead to service and financial failures.

- Top UK government bond investors have British finance minister urged Rachel Reeves to relax Treasury constraints on borrowing by development corporations in a bid to streamline big projects.

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