Financial Times - Oct 11
Oct 11 (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
- Ex-Darktrace head Poppy Gustafsson named UK investment minister
- Rachel Reeves weighs capital gains tax hike to help plug UK's budget gap
- TSB fined 11 mln stg for mistreating customers — including a dead one
- Stellantis unveils management shake-up at global car brands
Overview
- Britain on Thursday appointed Poppy Gustafsson, the former CEO of cybersecurity firm Darktrace, as its new investment minister ahead of a global investment summit in London next week.
- British finance minister Rachel Reeves is considering raising the rate of capital gains tax in her Oct. 30 budget.
- Britain's TSB bank SABE.MC has been fined 10.9 million pounds ($14.23 million) for failing to ensure customers in arrears were treated fairly.
- Stellantis STLAM.MI appointed Doug Ostermann, the former chief operating officer of its China division, as its finance chief, replacing Natalie Knight who is leaving the company, and said that Antonio Filosa, CEO of Jeep, would be the new head of its U.S. operations.
($1 = 0.7660 pounds)
(Compiled by Bengaluru newsroom)
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