PRESS DIGEST-Financial Times - March 3

Kitco Media
By Reuters
Published:
Updated:
Reuters
March 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 - New Rolls-Royce chief executive in line to earn over 6 mln pounds
- Melrose backs London capital market ahead of auto business spin-off - Pension funds urge UK government to review tax rules for over 55s - UK health unions invited to pay talks as ministers seek to halt strikes



Overview - The new chief executive of Rolls-Royce Holdings , Tufan Erginbilgic, could earn more than 6 million pounds this year in salary and shares if he meets all of his annual performance targets, putting him among the higher earners in London's blue-chip FTSE 100 index.
- The head of Melrose Industries Simon Peckham has thrown his weight behind the London capital market, crediting it with having been a "major factor" in the group's growth since listing, even as it struggles with a wave of takeovers and take-private deals.
- Pension and investment companies representing millions of British retirement savers have called on the government to review a tax rule which they say is penalising over-55s returning to work.
- UK ministers have invited health unions representing ambulance workers, physiotherapists and other NHS staff to formal pay discussions, in a push to avert further strikes.



(Compiled by Bengaluru newsroom)

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