Top Financial Stories: Bharti's Major Acquisition, UK Treasury's Concerns, and Potential Nobian Sale

The Financial Times reports major financial developments including Bharti Enterprises acquiring a substantial BT stake, the UK Treasury's scrutiny of an anti-fraud compensation plan, and Carlyle exploring the sale of Dutch company Nobian. Other stories include Rachel Reeves' potential private finance initiative for a new Thames crossing.

The Financial Times has highlighted significant financial activities in its latest report, with Bharti Enterprises set to acquire a 24.5% stake in BT, valued at £3.2 billion, from Altice.

UK Treasury officials are questioning the timeline of a proposed anti-fraud compensation plan, prompting British finance minister Rachel Reeves to urge regulators to enhance the City's competitiveness.

Additionally, Rachel Reeves is considering a PFI-style deal for a £9 billion Thames crossing, while Carlyle Group is exploring the sale of Dutch salt and chemicals producer Nobian, valued at €3 billion.

(With inputs from agencies.)