March 11, 2020 / 2:15 AM / a month ago

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.

Headlines

Rishi Sunak to signal end of austerity with huge leap in borrowing on.ft.com/2W1SwkB

Tata Steel Europe chief lays out challenges on.ft.com/2wJuHDG

NMC Health discovers almost $3bn of debt hidden from its board on.ft.com/3cJPyHH

Overview

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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