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PRESS DIGEST-Financial Times - July 22

ReutersJul 22, 2025 1:45 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

- Wise co-founder urges investors to block U.S. listing in row over voting rights

- BP appoints former CRH chief Albert Manifold as new chair

- YouTube could be forced to promote British public service TV content

- Water regulator Ofwat to be abolished after official review

Overview

- One of the founders of money transfer company Wise WISEa.L has urged shareholders to reject plans to move the company to the United States, as the plans also include changes to the shareholder structure, which he said were buried in the proposal.

- BP BP.L named outsider Albert Manifold, the former boss of building materials producer CRH CRH.N, as its new chairman, as it grapples with a major strategy reversal in an attempt to turn around a weak share performance.

- Britain's media regulator Ofcom said that digital platforms such as YouTube could be forced to make programmes from Britain public service television channels "prominent" to protect networks such as BBC and Channel 4.

- Ofwat, the water regulator for England and Wales, will be replaced by a new watchdog following an independent review of oversight of the industry.

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