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PRESS DIGEST- Financial Times - August 1

ReutersAug 1, 2025 1:30 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

- Heathrow ‘ready to start mobilising’ as it unveils £49bn expansion plan

- Activist investor pushes Viasat to split broadband and defence units

- Jaguar Land Rover chief behind rebrand to retire

- Trump envoy Steve Witkoff meets Benjamin Netanyahu in Israel

Overview

- Heathrow airport has unveiled plans for a 49 billion pound ($64.72 billion) expansion that includes building a third runway and rerouting Britain’s busiest motorway, telling ministers they needed to “clear the way for take-off”.

- Carronade Capital Management, an activist firm launched by an alumnus of Elliott Management is calling for the break-up of Viasat VSAT.O, a satellite broadband provider that competes with Elon Musk’s Starlink.

- Jaguar Land Rover chief Adrian Mardell will step down after more than three decades at the company, having said he wanted to retire after three years as CEO.

- U.S. special envoy Steve Witkoff met Israeli Prime Minister Benjamin Netanyahu in Israel on Thursday to discuss the future of the war in Gaza as pressure grows to alleviate the humanitarian disaster in the strip.

($1 = 0.7571 pounds)

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