PRESS DIGEST- Financial Times – March 11

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.


Rishi Sunak to signal end of austerity with huge leap in borrowing

Tata Steel Europe chief lays out challenges

NMC Health discovers almost $3bn of debt hidden from its board


UK’s Finance Minister Rishi Sunak will unleash the largest rise in public borrowing in 30 years when he delivers his first Budget on Wednesday.

Tata Steel Europe’s Chief Executive Henrik Adam has laid out the financial problems facing the region’s third-largest manufacturer of the grey metal as he outlined plans for 1,250 job cuts.

UAE-based hospital operator NMC Health Plc has discovered almost $3 billion of debt hidden from its board that has been used for unknown purposes, in the latest disastrous revelation to hit the Middle Eastern-focused healthcare group. (Compiled by Bengaluru newsroom)

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