Oct 6 (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 – Metro Bank sounds out rivals about buying part of its mortgage book – Thames Water says pollution fine limits needed to win over investors – Graphcore seeks new capital from investors after increased losses
Overview – Metro Bank has sounded out rivals about buying a third of its mortgage book to help bolster its balance sheet, as the lender’s chair met financial watchdogs following news of a plan to raise up to 600 million pounds ($730.98 million) from investors. – Thames Water has said it will need regulatory changes including a limit to pollution fines and an increase in permitted returns to persuade shareholders to inject much-needed equity into the debt-laden business.
– Graphcore , has warned it needs to raise new funds from investors within months after reporting falling revenue and increased losses last year
($1 = 0.8208 pounds) (Compiled by Bengaluru newsroom)
