PRESS DIGEST-Financial Times - Feb 2
Feb 2 (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
- Man Group retires GLG brand as new chief hones credit strategy
- Red Sea crisis pushes up delivery times for European manufacturers
- UK justice minister steps down after death threats
Overview
- Man Group, the world's largest publicly listed hedge fund, is retiring the GLG brand and merging some of the firm's teams as it advances into credit markets, in the first big changes made by its new chief executive.
- UK and euro zone manufacturers said their supply chains deteriorated for the first time in a year in a sign of the wider disruption to trade caused by Red Sea attacks by Houthi militants, according to a closely watched survey published on Thursday.
- London MP and Conservative justice minister Mike Freer has announced he is stepping down as a member of parliament following death threats and a recent arson attack on his constituency office that he linked to his support for Israel. (Compiled by Bengaluru newsroom)