October 12, 2017 / 11:55 PM / a year ago

PRESS DIGEST- Financial Times - Oct 13

Oct 13 (Reuters) - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy.


* Royal Mail wins court battle as judge rules strike is illegal on.ft.com/2yJuBvq

* HSBC picks insider John Flint as chief executive on.ft.com/2yHqjVI

* Ministers haggle over 2,000 new staff as Brexit tests civil service on.ft.com/2yHqKiO

* Lloyds Banking Group buys Zurich's UK pensions and savings unit on.ft.com/2yIcmqa


- Royal Mail Plc on Thursday won an injunction to block next week's two-day postal strike as the London's High Court ruled it as 'unlawful'.

- HSBC Holdings Plc on Thursday named John Flint, head of the bank's retail and wealth management arm, as its next chief executive.

- UK's Cabinet Office is planning to hire another 2,000 staff to deal specifically with Brexit. It has already hired more than 1,500 staff since the EU referendum in June 2016.

- Lloyds Banking Group Plc on Thursday said it struck a deal to acquire 19 billion pounds ($25.21 billion) of Zurich UK's pensions and savings assets. ($1 = 0.7538 pounds) (Compiled by Bengaluru newsroom)

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