PRESS DIGEST- Financial Times - Feb 3

Kitco Media
By Reuters
Published:
Updated:
Reuters
Feb 3 (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 - Heathrow boss John Holland-Kaye to step down after 9 years in charge - Peel Hunt agrees deal with rivals to launch RetailBook platform - JD Sports to open up to 1,750 shops over next five years - British Steel censured over 800 job cuts plan amid state aid talks Overview - Heathrow Airport said its chief executive John Holland-Kaye had decided to step down after nine years as the boss of Britain's biggest aviation hub and a process was underway to find his replacement. - Investment firms and brokers in Britain teamed up to back a new standalone retail platform RetailBook to strengthen access for small investors to the UK capital market. - British-based JD Sports will spend up to 3 billion pounds ($3.66 billion) to open as many as 1,750 stores over the next five years, said new CEO Régis Schultz, outlining his plans for the retailer to become an athletic leisurewear "powerhouse". - The British government is disappointed privately-owned British Steel is looking to cut jobs at its plant in northern England while discussions are still ongoing about a state-funded support package, junior business minister Nusrat Ghani said. ($1 = 0.8188 pounds) (Compiled by Bengaluru newsroom)

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