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PRESS DIGEST- Financial Times - March 3
March 3, 2017 / 1:35 AM / 9 months ago

PRESS DIGEST- Financial Times - March 3

March 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.


MPs attack May industrial strategy for lack of detail

Sports Direct buys lingerie brand Agent Provocateur

Watchdog finds 'deficiencies' in one-third of UK audits reviewed


Britain’s new industrial strategy, unveiled earlier this year to prepare the economy for Brexit, is facing more criticism, with MPs pointing to a lack of detail co-ordinated action and proper planning.

British billionaire Mike Ashley and the owner of Sports Direct International Plc bought an interest in luxury lingerie brand Agent Provocateur after the maker of cuffs and corsets slipped into administration.

About one third of audits of London-listed companies sampled by Britain’s accounting regulator lack rigour and need improvements, the watchdog said in a report published on Thursday. (Compiled by Ismail Shakil in Bengaluru!)

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