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PRESS DIGEST- Financial Times - March 23
March 23, 2017 / 12:48 AM / 9 months ago

PRESS DIGEST- Financial Times - March 23

March 23 (Reuters) - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy.


London Taxi Company opens 325-mln-pound electric car plant in Coventry

Thames Water fined record 20 mln pounds for sewage dump

Two of the UK's biggest teaching unions merge

UK financial watchdog wins "London Whale" identity case


The London Taxi Company said on Wednesday that it opened a 325-million-pound ($405.5-mln) electric plant in Coventry.

One of Britain’s biggest water companies, Thames Water, was handed a record 20 million pound ($25 million) fine on Wednesday for pumping sewage into the River Thames.

Two of UK’s biggest teaching unions, the National Union of Teachers and the Association of Teachers and Lecturers, will merge to form the National Education Union with more than 450,000 members.

Britain’s markets watchdog did not wrongfully identify a former JPMorgan executive in the “London Whale” scandal, the Supreme Court ruled on Wednesday in a landmark case that endorses a regulatory policy of speedy corporate settlements.

$1 = 0.8012 pounds Compiled by Kanishka Singh in Bengaluru; Editing by Sandra Maler

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