Financial Times - Sept 16
Sept 16 (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
-Asking prices for UK homes rise sharply in September
-UK spending cuts would damage 'foundations of the economy', Reeves told
- Starmer to meet Meloni for advice on tackling small-boat migration
- Block hostile Taiwan bank takeover for sector's sake, says rival bidder
Overview
- Asking prices for UK homes rose at twice their long-term average pace in September to 370,759 pounds ($487,140.25) in the four weeks to mid-September, up 1% from the previous month, according to data released by the property portal Rightmove on Monday.
- Cutting public investment in the UK would damage the "foundations of the economy", a group of leading economists has warned Rachel Reeves, advising the chancellor instead to overhaul Britain's fiscal rules to help bolster spending.
- British Prime Minister Sir Keir Starmer will on Monday hold talks with Italian Prime Minister Giorgia Meloni to learn from her tough stance on irregular migration, as he named a senior police officer as the UK's border security chief.
- Welch Lin, president of Taishin Financial Holdings 2887.TW, called on Taiwan's sector regulator to block a hostile tender offer by larger rival Chinatrust that threatens to derail his group's T$481 billion ($15.07 billion) agreed merger with financial conglomerate Shin Kong 2888.TW.
($1 = 31.9200 Taiwan dollars)
($1 = 0.7611 pounds)
(Compiled by Bengaluru newsroom)
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