PRESS DIGEST – Financial Times – July 19

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Here are the top stories from the Financial Times. Reuters has not verified these stories and does not guarantee their accuracy. Securities

– Britain feels the heat as it braces for record 40C temperatures https://on.ft.com/3RW4qY7 – UK to fly sixth-generation supersonic fighter prototype from here 2027 https://on.ft.com/3IMqMXA

– UK scraps stg 400m guarantee of Greensill loans to Gupta-linked businesses https://on.ft.com/3IPUo6l – Scottish consumers could pay less for electricity under UK proposals https: //on.ft.com/3RJZTYj

The big picture – Britain was heading for its highest temperatures on record and firefighters battled blazes in southern Europe as a heat wave sent people in search of shade and heightened fears about climate change.

– Britain said it was working with Japan and existing partner Italy on its next-generation fighter jet programme, a joint concept analysis expected to lead to decisions on deeper partnerships by the end of the year. – The UK government has withdrawn guarantees on 400 million pounds ($477.88 million) of loans that Greensill Capital has made to companies linked to Sanjeev Gupta, the commodities tycoon whose business empire is subject criminal investigation for alleged fraud and money laundering.

– Many Scottish and northern English households and businesses could pay less for their electricity in future than those in southern Britain, according to proposals released by the UK government. ($1 = 0.8370 pounds) (Compiled by Bengaluru Newsroom)

(This story has not been edited by the Devdiscourse team and is auto-generated from a syndicated feed.)

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