Aug 8 (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
- GB News hit with new Ofcom probes into use of 'politicians as presenters'
- First asylum seekers moved to UK's Bibby Stockholm barge
- UK charity bank raises fresh debt after steep paper losses on bonds
- Food inflation unlikely to fall soon, BoE chief economist warns
- UK ministers accused of inaction over 'buy now, pay later' lenders
Overview
- GB News has been hit with four separate investigations by the UK media watchdog including three probes into the right-leaning TV news channel's use of politicians as presenters.
- A barge leased by the UK to house asylum seekers received its first arrivals on Monday, weeks behind schedule and with controversy still swirling around the safety of the vessel and the number of people it will accommodate.
- CAF Bank, the UK bank serving 14,000 charities, has announced 15 million pound ($19.17 million) in fresh debt funding from its owner after reporting steep paper losses on the value of its bond holdings.
- The days of cheap food may be over, the Bank of England's chief economist said on Monday, warning that supermarket prices would still be rising much faster at the end of the year than overall inflation.
- Labour has accused UK ministers of dragging their feet in regulating the booming "buy now, pay later" sector, claiming that millions of hard-up Britons are at risk of being exploited by unethical operators.
($1 = 0.7824 pounds) (Compiled by Bengaluru newsroom)