Press Digest-Financial Times - August 28
Top stories in the Financial Times
- Watchdog probes law firm over work linked to collapsed lender MFS
- EU industrial push strains ties with Switzerland and Norway
- France’s Le Pen seeks to woo business leaders by vowing to cut spending
- Alphabet agrees to pay £260 million to settle UK class action lawsuit
Alphabet settles UK class action for £260 million
Alphabet, Google’s GOOGL.O parent company, has agreed to pay £260 million ($353.26 million) to settle a UK class action lawsuit claiming the technology giant levied “unfair” charges on software downloaded from the Google Play app store.
($1 = 0.7360 pounds)
(Compiled by Bengaluru newsroom)
Law firm under investigation over collapsed lender work
England’s legal regulator has placed law firm Gunnercooke under investigation over its work for companies connected to mortgage provider Market Financial Solutions, which collapsed this year amid allegations of fraud.
