Sept 3 (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
- Thames Water creditors pledge more investment to try to
seal rescue deal
- US group's acquisition of top UK wealth managers heralds
new consolidation push
- Starmer considers digital ID rollout in bid to tackle
illegal migration
- Asda owner TDR Capital among suitors circling Costa Coffee
- Jaguar Land Rover says production 'severely' disrupted by
cyber incident
Overview
- Thames Water's creditors, including Elliott and Silver
Point, have pledged hundreds of millions in additional
investment to secure a rescue deal and avoid renationalisation,
submitting a revised turnaround plan to Ofwat amid ongoing
negotiations over fines and environmental targets.
- U.S. wealth manager Corient, backed by Mubadala Capital,
is acquiring UK firms Stonehage Fleming and Stanhope Capital to
form a $430 billion global powerhouse, accelerating industry
consolidation and expanding into Europe, the Middle East, and
Africa.
- UK Prime Minister Keir Starmer is exploring a digital ID
rollout to curb illegal migration and address French concerns
over Britain's labor market, while also warning foreign students
against visa overstays and tightening asylum policies amid
rising pressure.
- TDR Capital, owner of Asda, is among several
suitors-including Apollo and Citic-exploring a bid for Costa
Coffee, as Coca-Cola considers selling the UK chain at a
loss after disappointing performance since its 3.9 billion pound
($5.27 billion) acquisition.
- Jaguar Land Rover's global retail and production
operations have been severely disrupted by a cyber incident,
compounding challenges from falling profits and ongoing
restructuring.
($1 = 0.7402 pounds)
(Compiled by Bengaluru newsroom)