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Financial Times - July 30

The following are the top stories in the Financial Times. has not validated these stories and does not guarantee their accuracy.

Headings

- WPP lines up former BT boss Philip Jansen as its new chair

- Vitol's senior staff members paid a record $6.4 billion last year

- NHS guard dog blocks AstraZeneca breast cancer drug

- UK regulator considers rolling back insurance coverage rules for big business

Introduction

- WPP is set to pick former BT chief Philip Jansen as its brand-new chair, ending a lengthy search for a conference room heavyweight to help the UK-based marketing group through a. duration of sweeping technological modification.

- Vitol, the world's biggest independent commodity trader,. paid senior employees a record $6.4 billion last year, in the. most current sign of how business in the industry have actually benefited from. the disruption to energy markets let loose by Russia's. full-scale invasion of Ukraine.

- England's health care spending watchdog has actually blocked the NHS. from supplying an innovative treatment for a kind of advanced. breast cancer, blaming AstraZeneca and Japanese company. Daiichi Sankyo for being unwilling to provide their. Enhertu drug at a low sufficient price.

- The UK's leading financial regulator is thinking about rolling. back guidelines governing the sale of insurance coverage to big businesses, as. it seeks ways to boost the competitiveness of London's key. capital markets.

(source: Reuters)