PRESS DIGEST-Financial Times - March 19

March 19 (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

- Britain to protect steel industry with new import tariffs

- KPMG and Harvey Nichols among employers found to have paid less than UK minimum wage

- BofA pitches bets against European private credit

- Britain to procure more anti-drone missiles in show of support for Gulf allies

Overview

- Britain will lower its tariff-free quota on imported steel and double the tariff on imports exceeding that quota, the government said, launching a plan to protect its small but strategically and politically sensitive steel sector.

- Big Four accountancy firm KPMG, luxury department store Harvey Nichols and retail brands and football clubs are among 400 employers found to have paid workers less than the Britain's statutory minimum wage.

- Bank of America BAC.N has pitched clients a bet against European companies including Deutsche Bank DBKGn.DE and Partners Group PGHN.S, arguing they are among the "most exposed to private credit shocks".

- Britain has confirmed plans to procure additional anti-drone lightweight multirole missiles for use in the Middle East, where its forces have downed more than 40 strike drones launched by Iran or its proxies since the start of the war.