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PRESS DIGEST-Financial Times - June 16

ReutersJun 16, 2025 1:37 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

- Britain's MI6 spy agency promotes 'Q' to be first female head

- Renault Chief Executive Luca de Meo steps down to lead Kering

- UK patients to gain direct access to clinical trials, says Wes Streeting

- Rachel Reeves to set out 10-year UK infrastructure plan

- UK water industry needs 'root and branch reform', MPs say

Overview

- Britain on Sunday appointed Blaise Metreweli as the first female chief of MI6, the UK Secret Intelligence Service.

- Renault's RENA.PA Luca de Meo will step down as the chief executive officer, as Kering hires the 58-year-old Italian to lead a turnaround of the struggling French luxury group, according to people briefed on the plan.

- Patients will be granted direct access to clinical trials under the expansion of the National Health Service (NHS) app as part of the British government's 10-year plan for the UK health service as Health secretary Wes Streeting said the National Institute for Health and Care Research (NIHR) would integrate a "Be Part of Research" platform with the NHS app.

- British finance minister Rachel Reeves will this week announce what she claims will be a 725 billion pound ($982.45 billion) ten-year infrastructure plan for Britain, starting with a new programme to repair crumbling bridges, flyovers and tunnels.

- Britain should explore different models of ownership in the embattled water industry, including the potential renationalisation of privatised companies, a group of MPs said on Monday, with the House of Commons environment, food and rural affairs committee calling for "root and branch" reform of the sector, urging ministers to consider bringing Thames Water under temporary state control.

($1 = 0.7380 pounds)

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