PRESS DIGEST- Financial Times - May 1

May 1 (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

- Brussels threatens UK food deal unless given long-term fishing access

- Greensill Capitol administrator sues founder Lex Greensill

- UK's FCA calls on Big Tech to do more to tackle growing 'finfluencer' problem

- Spain's antitrust watchdog approves BBVA's 11 billion euros hostile bid for Sabadell

Overview

- The EU is threatening to time-limit any agreement to remove red tape on UK food and drink exports across the Channel unless it gets long-term access to British fishing waters.

- Greensill Capital's administrator has filed a lawsuit against its founder Lex Greensill and six other former directors of the failed financial firm, adding to the legal challenges facing the Australian financier.

- The UK financial watchdog is calling on Big Tech groups to do more to stop the "whack-a-mole" problem of people switching between social media accounts to keep promoting unauthorised financial schemes or business.

- Spain's competition watchdog has approved BBVA's 11 billion euros ($12.44 billion) hostile bid for rival lender Sabadell, paving the way for the country's government to have the final say on the drawn-out takeover battle.

($1 = 0.8843 euros)