PRESS DIGEST- Financial Times - November 28

Nov 28 (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

- Rachel Reeves to rush pensions tax raid into law to reassure markets

- OBR chair under pressure over early release of Budget report

- Belgium says using frozen Russian assets to fund Ukraine will endanger a peace deal

- Debt and austerity remain risk for UK government after tax-raising Budget

Overview

- UK chancellor Rachel Reeves will fast-track legislation for her Budget's biggest tax hike, a 4.8 billion pound ($6.35 billion) cap on pension salary sacrifice and other measures to reassure markets that long-term fiscal tightening will stick despite delayed implementation.

- Office for Budget Responsibility (OBR) Chair Richard Hughes faces calls to resign after the UK fiscal watchdog's Budget report was published an hour early, triggering market volatility and prompting an investigation into the breach.

- Belgium warns EU plan to use 210 billion euros ($243.26 billion) in frozen Russian assets for a 140 billion-euro Ukraine loan could derail peace efforts and expose Euroclear to legal and financial risks.

- Despite Reeves' record tax-raising Budget, UK debt is set to remain high and some public services face near-austerity cuts by 2029, with think-tanks warning fiscal plans hinge on optimistic revenue and spending assumptions.

($1 = 0.7559 pounds)

($1 = 0.8633 euros)