October 30, 2017 / 2:28 AM / a year ago

PRESS DIGEST- Financial Times - Oct 30

Oct 30 (Reuters) - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy.


Philip Hammond 'between a rock and a hard place' in Budget on.ft.com/2yVNKrh

HSBC faces legal challenge from small businesses on.ft.com/2yX9D9E

Theresa May's 1 bln stg for Northern Ireland on hold as talks falter on.ft.com/2yYKgEz


Ahead of the autumn budget, Finance Minister Philip Hammond faces the prospect of either abandoning his fiscal targets or ignoring growing demands for more public spending, according to think-tank Institute for Fiscal Studies.

Law firm Stewarts Law is seeking to launch a legal challenge against HSBC Holdings Plc on behalf of small companies that allege they have lost money as a result of being unable to conduct business because their accounts were frozen by HSBC in attempts to crack down on anti-money laundering.

The UK government will hold back the 1 billion pounds ($1.31 billion) promised by Prime Minister Theresa May to the Democratic Unionist Party (DUP) ahead of imposing a budget on Northern Ireland where talks for a deal between the DUP and Sinn Fein to restore the region’s government are yet to materialise. ($1 = 0.7612 pounds) (Compiled by Bengaluru newsroom)

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