Financial Times - Oct. 4
Oct 4 (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
UK pledges 22 bln pounds in funding for carbon capture and storage projects
Reeves raises hopes of investment surge as she attacks Tory plans
UK drivers have 'no fiscal incentive' to buy EVs, warn carmakers
Anglo American chief says not 'inevitable' buyer will emerge after group slims down
Overview
The UK government has announced up to 21.7 billion pounds ($28.49 billion)of support to get the country's first carbon capture and storage projects up and running, in a big moment for the nascent industry but one which highlights the costs involved.
Rachel Reeves has attacked her predecessor for cutting back on planned investment as she cleared the way for billions of pounds of extra capital spending in this month's budget.
British car buyers have "no fiscal incentive" to buy electric cars, the UK's auto industry has warned chancellor Rachel Reeves, as it called for tax cuts to spur the EV market and help carmakers avoid paying crippling fines.
The chief executive of Anglo American AAL.L on Thursday said it is not "inevitable" a new buyer for the group will emerge after it has sold off four major parts of its business following BHP's BHP.AX failed 39 billion pounds ($51.21 billion) takeover attempt.
($1 = 0.7616 pounds)
(Compiled by Bengaluru newsroom)
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