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Financial Times - Aug 8



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Aug 8 (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

- NHS in England to roll out 1.7 mln pound Crispr gene editing drug

- Ministry of Defence asks suppliers to identify budget cuts

- H2O Asset Management to pay investors 250 mln euros after FCA finds 'serious breaches'

- UK signals move to curb overseas hiring for tech and engineering jobs


Overview

- Britain's National Health Service (NHS) will begin to roll out a gene therapy from Vertex Pharmaceuticals VRTX.O and CRISPR Therapeutics CRSP.BN to treat rare blood disorder beta thalassemia.

- The British Ministry of Defence has asked all major industry suppliers to identify opportunities for immediate budget cuts.

- Asset manager H2O has voluntarily offered to pay 250 million euros ($273.30 million) to investors trapped in funds since 2020 and will shut its UK operation.

- The UK government has signalled it wants to curb overseas hiring by engineering and technology companies, after it asked independent advisers to review the reliance of the sector on skilled worker visas.



($1 = 0.9147 euros)


(Compiled by Bengaluru newsroom)

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