Sept 3 (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
- Thames Water creditors pledge more investment to try to seal rescue deal
- US group's acquisition of top UK wealth managers heralds new consolidation push
- Starmer considers digital ID rollout in bid to tackle illegal migration
- Asda owner TDR Capital among suitors circling Costa Coffee
- Jaguar Land Rover says production 'severely' disrupted by cyber incident
Overview
- Thames Water's creditors, including Elliott and Silver Point, have pledged hundreds of millions in additional investment to secure a rescue deal and avoid renationalisation, submitting a revised turnaround plan to Ofwat amid ongoing negotiations over fines and environmental targets.
- U.S. wealth manager Corient, backed by Mubadala Capital, is acquiring UK firms Stonehage Fleming and Stanhope Capital to form a $430 billion global powerhouse, accelerating industry consolidation and expanding into Europe, the Middle East, and Africa.
- UK Prime Minister Keir Starmer is exploring a digital ID rollout to curb illegal migration and address French concerns over Britain's labor market, while also warning foreign students against visa overstays and tightening asylum policies amid rising pressure.
- TDR Capital, owner of Asda, is among several suitors—including Apollo and Citic—exploring a bid for Costa Coffee, as Coca-Cola KO.N considers selling the UK chain at a loss after disappointing performance since its 3.9 billion pound ($5.27 billion) acquisition.
- Jaguar Land Rover's global retail and production operations have been severely disrupted by a cyber incident, compounding challenges from falling profits and ongoing restructuring.
($1 = 0.7402 pounds)
(Compiled by Bengaluru newsroom)
((globalnewsmonitoring@thomsonreuters.com))