PRESS DIGEST- Financial Times - January 14
Jan 14 (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
- BBC seeks to get Trump's $10 billion lawsuit thrown out of court
- Reeves to unveil 45 billion stg railway upgrade in northern England
- Starmer set to drop plans to make digital ID mandatory for UK workers
- Fortnum & Mason to rebuild European sales on hopes of new UK-EU trade deal
Overview
- The BBC asked a Florida court to dismiss U.S. President Donald Trump's $10 billion defamation lawsuit, arguing it lacks jurisdiction because the Panorama documentary at the center of the claim was not available in the U.S.
- British finance minister Rachel Reeves will pledge up to 45 billion pounds over two decades to upgrade northern England's rail network, including new lines, stations and electrified routes.
- British Prime Minister Keir Starmer is set to scale back plans for mandatory digital IDs for all workers, opting instead to allow alternative proof such as passports, even as ministers push ahead with compulsory digital right-to-work checks for employers.
- Fortnum & Mason plans to ramp up investment in its European operations, betting that efforts by Britain and EU to reset trade ties will help the luxury retailer recover international sales lost after Brexit.
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