PRESS DIGEST-Financial Times - September 16

By Reuters News

- The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy.

Headlines

  • KPMG to cut another 200 jobs in UK advisory business

  • UK 'actively' exploring joining Canada-led global defence bank

  • Nissan to invest £170 million to build a new hybrid SUV at Sunderland plant

  • Hackers say they breached Italian state email to target Revolut 'crypto whales'


Overview

  • KPMG is planning to cut about 200 jobs from its UK advisory business, including roles in its AI and cybersecurity teams.

  • British officials are evaluating a proposal for the UK to join a Canada-backed global defence bank.

  • Nissan 7201.T will invest £170 million ($229.18 million) to build a new hybrid SUV at its Sunderland plant, as the automaker seeks to secure the long-term future of Britain's largest car factory.

  • Hackers behind a Revolut data breach said they accessed customer data by infiltrating an Italian government email system and impersonating law enforcement officials.

($1 = 0.7418 pounds)

Capital.com is an execution-only brokerage platform and the content provided on the Capital.com website is intended for informational purposes only and should not be regarded as an offer to sell or a solicitation of an offer to buy the products or securities to which it applies. No representation or warranty is given as to the accuracy or completeness of the information provided.

The information provided does not constitute investment advice nor take into account the individual financial circumstances or objectives of any investor. Any information that may be provided relating to past performance is not a reliable indicator of future results or performance.

To the extent permitted by law, in no event shall Capital.com (or any affiliate or employee) have any liability for any loss arising from the use of the information provided. Any person acting on the information does so entirely at their own risk.

Any information which could be construed as “investment research” has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication.