PRESS DIGEST-Financial Times - April 14

ReutersApr 14, 2026 2:24 AM

April 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

British households to be offered payments to use more electricity

New EU competition official to hold line on Big Tech despite Trump pressure

Bank of England wins US approval for new way to rescue failed lenders

EU ties 35 billion euros fund release to Hungary's break with Orban era

Overview

British households and factories will be offered payments to use more electricity at certain times of the day in order to soak up surplus power supply.

The new top civil servant in charge of EU competition policy, Anthony Whelan, has signalled he will press ahead with probes into Big Tech companies despite political pressure from U.S. President Donald Trump.

The Bank of England has given itself more options for dealing with a failing bank after U.S. regulators agreed to a new mechanism that would give creditors a more restricted interest in the rescued lender.

The European Commission has begun "immediate engagement" with Peter Magyar after his landslide win in the Hungarian election, pushing for him to mend ties with Ukraine and start long-demanded reforms to unlock 35 billion euros ($41.16 billion)in frozen EU funds.

($1 = 0.8504 euros)

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