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PRESS DIGEST-Financial Times - March 1

March 1 (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

- Bank of England appoints Clare Lombardelli as deputy governor

- Reforms to extend UK workplace pensions to young people 'stuck in limbo'

- UK groups need to pay executives more, says LSEG chief ahead of bumper new package

- Record numbers in England faced homelessness in 2023 over 'no-fault' evictions

Overview

- Clare Lombardelli, OECD chief economist, has been appointed a deputy governor at the Bank of England, putting her in charge of overhauling UK monetary policy

- Reforms to expand UK workplace pensions to millions of young people are "stuck in limbo", industry experts said, after the government declined to set a timetable for the rollout of changes approved by MPs.

- UK companies need to pay their executives more to compete with U.S. businesses, said the head of the London Stock Exchange Group David Schwimmer whose own package is set to increase by 76 per cent.

- As UK parliament continues to debate long-awaited legislation to end these evictions, official data show that a record number of people in England faced homelessness last year as a result of "no fault" evictions.

(Compiled by Bengaluru newsroom)

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