PRESS DIGEST- Financial Times – July 18

July 18 (Reuters) – The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy.


Revolut reports suspected money laundering on its system

Rolls-Royce, Airbus chiefs voice ‘frustration’ over Brexit confusion

Streaming video subscriptions overtake pay TV in the UK


UK-based digital bank Revolut notified the National Crime Agency and the Financial Conduct Authority of suspected money laundering activities on its payments network a few months ago.

Rolls-Royce Holdings Plc and Airbus SE chief executives said they could start stockpiling inventory as the companies prepare for a hard Brexit.

The number of people in the UK subscribed to streaming video services like Netflix and Amazon have overtaken cable and satellite TV subscriptions, media regulator Ofcom said in a new report. (Compiled by Bengaluru newsroom; Editing by Sandra Maler)

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