March 11 (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
- Rachel Reeves warns of challenge facing Labour if party wins election
- EU warned of rising risk of systemic financial shocks from continent warming
- Latin American development bank to ramp up lending after reforms
- Staff in EY's deals unit hit out at bosses after job cuts and sales slump
Overview
- The finance spokesperson of Britain's opposition Labour Party Rachel Reeves has said that she is "under no illusions" about the size of the challenge awaiting the party if elected, following the government's adoption of two of its policies to fund tax cuts.
- The European Union is at "higher and higher" risk of systemic financial shocks from climate change, according to Leena Ylä-Mononen, executive director of the European Environment Agency.
- Ilan Goldfajn, president of The Inter-American Development Bank, said it can provide an extra $112 billion over next decade, increasing loan rate by almost half.
- The staff at accounting firm EY's UK deals business have come out against the company's management for the handling of recent job cuts, saying "trust is broken" and they feel "deflated" as sales in the department fall.
(Compiled by Bengaluru newsroom)