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Financial Times - June 9



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June 9 (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

- Biden and Sunak unveil 'Atlantic declaration' to strengthen economic ties

- UK banks must pass on interest rate rises to savers, say MPs

- UK set to introduce floor for oil and gas windfall tax

- CAB Payments announces plans to pursue London listing



Overview

- U.S. President Joe Biden and British Prime Minister Rishi Sunak said Thursday their countries would partner on advanced technologies, clean energy and critical minerals as they strengthen a historical security alliance.

- Major banks must pass on benefits of higher UK interest rates to customers, a top parliamentary watchdog said on Thursday.

- The UK will introduce a floor for the country's oil and gas windfall tax, as it seeks to boost investment in the North Sea, although the exact minimum price level was unclear for now.

- CAB Payments Holdings, a specialist in business-to-business cross-border payments across emerging markets, is seeking a London stock market listing to broaden its ownership and accelerate its growth, the company said on Thursday.





(Compiled by Bengaluru newsroom)

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