PRESS DIGEST-Financial Times - November 25
Nov 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 ministers back Heathrow airport's 49-billion-pound plan for third runway
- Rachel Reeves asks banks to praise her plans as they escape budget tax raid
- NHS centres to be built using private finance in England
- UK supermarkets set to be hit by higher business rates after Treasury U-turn
Overview
- UK ministers endorse Heathrow's 49 billion-pound plan for a third runway across the M25, rejecting a cheaper rival proposal from hotelier Surinder Arora but leaving room for competition on terminals.
- UK Treasury urges banks to publicly endorse Chancellor Rachel Reeves' Budget as she spares the sector from a tax hike, seeking upbeat messaging to boost confidence.
- UK to build 250 NHS neighbourhood health centres using private finance, reviving the controversial Private Finance Initiative-style (PFI) models despite Labour opposition.
- UK supermarkets face higher business rates after Treasury scraps planned relief, warning the move could push up food prices.
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