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Tag Archives: BRITAIN

PRESS DIGEST-Financial Times – Jan 26

The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy. Headlines Royal Mail to axe 700 jobs in overhaul that will hit profits. https://on.ft.com/3u0PGh0 Temasek buys UK testing group Element in $7 bln deal. https://on.ft.com/3o0OnLc UK banks …

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The Covid-19 crisis and the virtues of an active state

In 2014, as the pharmaceutical giant Pfizer sought to take over AstraZeneca, the UK’s second largest ­pharmaceutical company, the British government insisted it would not intervene. David Cameron and George Osborne suggested that the bid was purely a commercial matter for shareholders and refused to ­apply a “public interest test”. …

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