June 15 The following are the top stories in the
Financial Times. Reuters has not verified these stories and does
not vouch for their accuracy.
Hammond poised to challenge May over Brexit priorities on.ft.com/2s2O5a0
UK plans "very generous" offer to 3m EU citizens on.ft.com/2rxyQlL
Tim Farron resigns as leader of the Liberal Democrats on.ft.com/2rxzwrx
FRC finds audit shortcomings at three big accountancy firms
Telegraph replaces chief MacLennan with Yahoo hire on.ft.com/2rxMd5L
Chancellor Philip Hammond will urge Prime Minister Theresa
May on Thursday to put the economy at the heart of exit
negotiations, warning her of the dangers of a "hard" Brexit in a
speech at Mansion House.
Britain's Brexit minister David Davis will open divorce
talks in Brussels next week with an offer to allow the three
million European Union citizens living in Britain the same
rights that they have now.
Tim Farron, the leader of Britain's pro-European Union
Liberal Democrat Party, resigned on Wednesday after a lacklustre
election campaign in which the party lost votes and failed to
break through with its promise of second Brexit referendum.
The Financial Reporting Council said on Thursday that
accountancy firms KPMG, Deloitte, and Grant Thornton are lagging
behind their professional services peers in terms of the quality
of their audits.
Telegraph Media Group said it is moving its longstanding
chief executive Murdoch MacLennan to the role of deputy chairman
and replacing him with Nick Hugh, the company's chief operating
officer and former Yahoo Inc executive.
(Compiled by Bengaluru newsroom)