PRESS DIGEST-Financial Times - July 20
Reuters has not verified these stories and does not vouch for their accuracy. - Britain is expected to pay subsidies of around 500 million pounds ($646.75 million) to Tata Group to support a 4-billion-pound battery factory in the UK, a facility that will power a new generation of Jaguar Land Rover electric vehicles. - Rishi Sunak has apologised for the historical treatment of gay veterans and called a previous ban on LGBT+ people from serving in the military "an appalling failure of the British state".
The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy. Headlines
- UK inflation falls more than expected to 7.9% in June - Asda owners rapped by MPs over reluctance to open up on fuel prices and jobs
- UK government pays 500 million pounds in subsidies for Tata battery plant - Rishi Sunak apologises for past ban on LGBT+ people serving in UK military
Overview - UK inflation fell to a 15-month low of 7.9% in June, a bigger-than-expected drop that sent the pound falling, rallied property shares and came as a boost for Prime Minister Rishi Sunak.
- Asda executives were accused of damaging the company's brand after an "extraordinary" meeting with MPs at which they were reprimanded for not "complying" with a string of questions. - Britain is expected to pay subsidies of around 500 million pounds ($646.75 million) to Tata Group to support a 4-billion-pound battery factory in the UK, a facility that will power a new generation of Jaguar Land Rover electric vehicles.
- Rishi Sunak has apologised for the historical treatment of gay veterans and called a previous ban on LGBT+ people from serving in the military "an appalling failure of the British state". ($1 = 0.7731 pounds) (Compiled by Bengaluru newsroom)
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)