February 26, 2018 / 1:28 AM / 3 months ago

PRESS DIGEST- Financial Times - Feb 26

Feb 26 (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

Labour puts pressure on May with customs union shift on.ft.com/2GKZfo6

Deliveroo to hire 250 London tech staff to help fend off rivals on.ft.com/2GK1mJ6

UK household energy bills set to be capped by next winter on.ft.com/2GMjO3R

Overview

The Labour Party would oppose UK Prime Minister Theresa May’s plans to take Britain out of the customs union with the European Union, party leader Jeremy Corbyn will say in a speech on Monday.

British food delivery company Deliveroo will hire 250 new tech employees at its London headquarters this year to bolster its expansion plans amid competition from rivals such as UberEats and Just Eat.

Prime Minister Theresa May will cap UK household energy bills for as long as five years under legislation introduced to parliament on Monday, aimed at tackling what she describes as “rip-off” energy prices. (Compiled by Bengaluru newsroom; Editing by Peter Cooney)

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