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PRESS DIGEST-Financial Times - June 12
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PRESS DIGEST-Financial Times - June 12
Jun 11, 2025 7:36 PM

June 12 (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

- VodafoneThree plans to double UK broadband business after

16.5 billion pound ($22.41 billion) merger

- GB Energy handed 2.5 billion pound bill for funding small

modular reactors

- World's biggest aircraft owner AerCap ( AER ) set for $1 billion

payout in Russian planes case

- Pentagon launches review of Aukus nuclear submarine deal

Overview

- VodafoneThree is targeting to more than double its

broadband business by 2034, as the newly formed leader in the UK

mobile market commits to generate thousands of jobs and upgrade

its network.

- State-owned Great British Energy, has been handed the 2.5

billion pound bill to support a new generation of small nuclear

power plants, cutting the amount it has to spend on wind, solar

and other technologies.

- The world's largest aircraft lessor AerCap ( AER ) can

recover over $1 billion in relation to jets stuck in Russia

since the invasion of Ukraine, London's High Court ruled, though

that is less than the roughly $2 billion it sought.

- U.S. President Donald Trump's administration has launched

a formal review of the 2021 AUKUS defense pact with Australia

and Britain to allow Australia to acquire nuclear-powered

submarines.

($1 = 0.7364 pounds)

(Compiled by Bengaluru newsroom)

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