PRESS DIGEST- Financial Times - January 6

Reuters01-06
PRESS DIGEST- Financial Times - January 6

Jan 6 (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

- UK broadband operator sold to distressed debt specialist

- Phillips 66 to buy UK's Lindsey refinery but will not reopen it

- Chinese brands boost new car sales back above 2 million in UK

- Starmer criticised for not querying legality of Trump's Venezuela attack

Overview

- UK broadband provider G.Network has been sold to distressed debt specialist FitzWalter Capital in a sale triggered by lenders.

- U.S. refiner Phillips 66 PSX.N said on Monday it had agreed to acquire the assets and infrastructure of Lindsey Oil Refinery in northern England following the site's liquidation, and will integrate the key facilities into its Humber Refinery.

- Sales of new cars in the UK topped 2 million for the first time since before the pandemic as Chinese brands increased their share in Europe's second-largest EV market, annual figures released by the Society of Motor Manufacturers and Traders on Tuesday reveal.

- British Prime Minister Keir Starmer has been criticised over failing to question the legality of U.S. President Donald Trump's military assault on Venezuela, with MPs denouncing his refusal to say the U.S. action was illegal.

(Compiled by Bengaluru newsroom)

((globalnewsmonitoring@thomsonreuters.com))

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