PRESS DIGEST- Financial Times - April 25

April 25 (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 edges closer to youth visa deal with the EU

- EU set to probe Universal's planned acquisition of Downtown Music

- UK regulators have no coherent plan to upgrade water infrastructure, watchdog warns

- Top Goldman Sachs banker quits UK after non-dom change

Overview

- Britain is edging towards creating a post-Brexit youth visa scheme with the EU

- The European Commission is set to investigate Universal Music Group's UMG.AS planned $775 million acquisition of independent music services company Downtown Music, amid claims the deal will give too much power to the industry's largest player.

- Britain's water infrastructure will require 290 billion pounds ($385.93 billion) of investment to meet government targets over the next 25 years but ministers and sector regulators have no coherent plan for delivery, the public spending watchdog has warned.

- Richard Gnodde, a senior Goldman Sachs banker is leaving the UK after the government abolished the favourable tax rules for non-domiciled residents.

($1 = 0.7514 pounds)