June 22 (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 pandemic planning held back by flawed assumptions, inquiry hears
- UK fashion brand Christopher Kane on brink of collapse
- Odey Asset Management dumps stakes in UK companies
- Inflation's 'greedy beast' will be hard to tame, warns Bundesbank boss
Overview
- UK officials believed the country was as well-prepared as anywhere in the world to deal with a pandemic before coronavirus struck, chancellor Jeremy Hunt told the COVID-19 inquiry on Wednesday.
- Christopher Kane, the luxury fashion brand worn by Michelle Obama and the Princess of Wales, is on the brink of collapse unless it finds a buyer or an investor to help it shore up its finances.
- Odey Asset Management has sold down stakes in currency printer De La Rue and a string of other companies as the hedge fund firm attempts to meet investor withdrawal requests.
- Joachim Nagel, president of Germany's central bank Bundesbank, has warned inflation is a "very greedy beast" and it would be a "first-order error" to stop raising interest rates even if it keeps falling in the coming months.
(Compiled by Bengaluru newsroom)