PRESS DIGEST- Financial Times - March 23

·1 min read

March 23 (Reuters) - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy.


- British billionaire Jim Ratcliffe plans to offer more than £5bn for Manchester United

- UK regulator warns on Broadcom's $69bn VMware deal

- RMT suspends 2 days of strikes at train operators next week

- UK retailers to raise concerns over new recycling scheme with ministers


- British billionaire Jim Ratcliffe is set to offer a revised bidding of 5 billion pounds to buy Premier League football club Manchester United Plc.

- Britain's competition regulator said on Wednesday it was considering whether to refer U.S. chipmaker Broadcom's $61 billion acquisition of VMware for an in-depth probe after finding the deal could harm competition.

- British railway workers' trade union RMT said on Wednesday it had suspended plans for strikes on March 30 and April 1 after talks with a group of train companies over a long-running pay dispute.

- UK's major retailers and food producers are set to meet ministers on Thursday to raise concerns over a new recycling scheme costing 1.7 billion pounds ($2.09 billion) a year, which they warn will be counterproductive and lead to lead to higher costs for consumers instead of benefiting the environment as intended.

($1 = 0.8147 pounds) (Compiled by Bengaluru newsroom)