PRESS DIGEST-Financial Times - March 12

March 12 (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

- Ukraine willing to accept 30-day US-brokered ceasefire

- FCA drops plan to ‘name and shame’ more UK companies under investigation

- Starmer axes UK payments watchdog as part of anti-regulation drive

- Donald Trump backs down on 50% steel and aluminium tariffs on Canada

Overview

- Ukraine has said it is ready to accept a U.S. proposal for an immediate 30-day ceasefire in its war with Russia, prompting Washington to agree to resume military assistance to Kyiv.

- Britain’s financial watchdog is set to largely abandon its controversial plan to “name and shame” more companies that it investigates, marking a major U-turn after the regulator faced mounting pressure to drop the policy.

- Britain's payments regulator will be abolished and its remit absorbed by another financial regulator, the government said on Tuesday, as it aims to cut red tape in favour of growth.

- U.S. President Donald Trump has backed down from plans to double tariffs on Canadian steel and metal imports to 50% just hours after first threatening the levies, rattling investors by intensifying the North American trade war.