May 19 (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
- Legal & General ( LGGNF ) acquires real estate investor in private
assets push
- Starmer closes in on EU food trade deal in run-up to key
summit
- UK to regulate 'buy now, pay later' lenders in legal
overhaul
- UK steps up efforts to woo scientists fleeing the US
Overview
- British finance company Legal & General ( LGGNF ), which
manages 1.1 trillion pounds in assets, has taken a 75% stake in
Proprium Capital Partners, a $3.5 billion global real estate
private equity group.
- Lenders, such as Klarna and Clearpay, that specialise in
"buy now, pay later" services will have to abide by the same
rules as mainstream banks under a legislation that will result
in them being fully regulated by Britain's Financial Conduct
Authority.
- British Prime Minister Keir Starmer will on Monday aim to
strike a deal with the EU that breaks down barriers to trade in
food, but it is expected to mean that Britain will have to
accept EU rules.
- British scientific institutions are stepping up investment
plans in the face of cuts on research by Donald Trump's
administration, unveiling 10-year official funding guarantees
and fellowships open to experts leaving the US.
(Compiled by Bengaluru newsroom)