July 9 The following are the top stories in the
Financial Times. Reuters has not verified these stories and does
not vouch for their accuracy.
Miliband offers to cut union cord
Investor group ISS gives its support to Dell buyout
Financial information groups face NY probe
Osborne backs sweeping reforms for banking industry
Royal Mail privatisation plan to be unveiled this week
BAT returns to Myanmar a decade after exit
The leader of Britain's opposition party Ed Miliband has
offered to end the system of millions of trade union members
automatically giving money to the Labour party.
Two influential shareholder advisory firms, Institutional
Shareholder Services and Glass Lewis, have backed Dell Inc
founder Michael Dell's $24.4 billion offer to buy back
control of the PC maker.
Some of the world's top financial data providers are facing
a probe from the New York Attorney General over the early
release of market-moving data to investors willing to pay for
Finance Minister George Osborne has lent his support to
sweeping reforms that aim to raise standards at banks, including
introducing criminal sanctions against reckless behaviour.
The British government is set to spell out more details of
its plans to float Royal Mail this week.
British American Tobacco will spend about $50
million on a factory in Myanmar, making its return to the Asian
country a decade after it was forced out by campaigners.