Press Digest – Financial Times – April 25

Finance


Apr 25 (Reuters) – Below is the Financial Times headline story. Reuters has not verified these articles and does not vouch for their accuracy.

headline

– CBI president admits business lobby groups may never regain trust

– Hunt admits UK business tax is too high as government pushes strategy

– IAG’s bid for Air Europa expected to face lengthy EU scrutiny

– Hambro Perks Spac ends after boss’s abrupt departure

overview

– The president of the crisis-hit Confederation of British Industry said on Monday he was unsure if Britain’s business lobby group could recover after weeks of complaints about its toxic workplace culture. said.

– UK Finance Minister Jeremy Hunt admitted on Monday that UK corporate taxes are too high. Businesses asked the government to deliver on its promise to mend relations with the private sector.

The second attempt by British Airways owner International Airlines Group to buy Spanish airline Air Europa has been subject to a lengthy investigation in Brussels. It is expected to be faced and may even be blocked amid concerns that it will lead to higher ticket prices, four people familiar with the matter said.

– Hambro Perks Acquisition Company will cease operations and return funds to investors following the sudden departure of key executives and a failed merger with the covered business. (Edited by Bangalore Newsroom)



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