PRESS DIGEST- Financial Times - July 19

In This Article:

July 19 (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

British Steel outlines 50 mln pound manufacturing upgrade https://on.ft.com/2zMD1Ul

EasyJet to complain to Brussels over air traffic control strikes https://on.ft.com/2uHG0aR

UK's Gaucho steak chain on brink of administration https://on.ft.com/2uNLv7M

Overview

British Steel on Wednesday unveiled plans to invest 50 million pounds ($65.37 million) to upgrade the rod mill at its Scunthorpe steelworks site in northern England.

EasyJet Plc said it would file a complaint with the European Commission against the strikes planned for next week by air traffic controllers, adding that the company would file the complaint by itself, instead of joining competitors.

UK restaurant chain Gaucho Group, which has been seeking buyers in recent weeks, said it intends to appoint administrators, a move that could put 1,500 jobs at risk.

($1 = 0.7649 pounds) (Compiled by Bengaluru newsroom; Editing by Sandra Maler)