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PRESS DIGEST- Financial Times – Dec. 6

December 6, 2021
in Finance
Reading Time: 1 min read
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Dec 6 (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

– Lloyds to deploy 4 billion pound ($5.29 billion) war chest under new chief https://on.ft.com/3rzLQKx

– Discovery in talks with BT Sport to hijack sale to DAZN https://on.ft.com/32WpOHr

– UK to trial ‘smart’ customs border to reduce trade frictions https://on.ft.com/3xVYvbL

– Raab confident Christmas will not be cancelled by COVID-19 https://on.ft.com/3dkZgBF

Overview

– The chief executive of Lloyds Banking Group, Charlie Nunn, is attempting a strategy to grow the company’s in property, wealth, commercial and investment banking.

– US media group Discovery in talks to partner with BT Sport, in a move to hijack the deal between British television network and sports streaming service DAZN.

– The UK government is to start trials next year of a “smart” customs border which would involve cutting-edge technologies that will reduce trade frictions for British importers.

– UK’s deputy prime minister Dominic Raab, has predicted Britons will enjoy “a great Christmas” amid hopes that no new COVID-19 restrictions will be needed in England before the new year.

($1 = 0.7558 pounds) (Compiled by Bengaluru newsroom)

Credit: Source link

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