PRESS DIGEST- Financial Times - January 29
Jan 29 (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
- Metro Bank launches third redundancy round in three years
- Talks with US over Chagos Islands deal have reopened, confirms Keir Starmer
- Goldman-backed broadband provider CityFibre set to axe third of jobs
- CMA targets Google AI overviews in move to loosen search dominance
Overview
- Metro Bank MTRO.L has launched its third round of redundancies in three years, putting about 100 roles at risk as it cuts costs and outsources IT functions to support its turnaround plan.
- British Prime Minister Keir Starmer said Britain has reopened talks with the U.S. over the Chagos Islands deal after criticism from U.S. President Donald Trump cast doubt on its future.
- Goldman-backed CityFibre is set to cut 450 jobs, nearly a third of its workforce, as the broadband provider moves to streamline operations following last year's refinancing.
- Britain's Competition and Markets Authority proposed measures to give publishers more control over how their content is used in Google's GOOGL.O AI-powered search services as part of a broader effort to loosen the tech giant's grip on the market.
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