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PRESS DIGEST-Financial Times - November 4
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PRESS DIGEST-Financial Times - November 4
Nov 3, 2025 7:18 PM

Nov 4 (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

- Starmer fuels expectations of income tax rise in the

Budget

- Orsted to sell half of world's largest offshore wind farm

to Apollo in $6.5bn deal

- Pfizer ( PFE ) files second lawsuit to block Novo Nordisk's $9bn

Metsera ( MTSR ) bid

- AstraZeneca ( AZN ) wins shareholder approval for New York listing

Overview

- British Prime Minister Keir Starmer has put Labour MPs on

alert for hefty tax rises in this month's Budget - including a

possible income tax increase - as he promised to reduce

Britain's national debt but ruled out deep cuts to public

spending.

- Denmark's Orsted has agreed to sell half of

the world's largest offshore wind farm to Apollo in a

$6.5bn deal, marking a big step forward for the renewable energy

developer as it battles rising costs and political challenges.

- Pfizer ( PFE ) has filed a second lawsuit against Novo

Nordisk and obesity drug start-up Metsera ( MTSR ),

redoubling its fight to stop Novo's bid for the biotech by

alleging the deal would violate competition laws in the

weight-loss drugs market.

- AstraZeneca ( AZN ) has won a shareholder vote approving

plans for the FTSE 100's largest company to elevate its New York

listing, in a blow to the London market.

(Compiled by Bengaluru newsroom)

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