Jan 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.
Headlines
- UK train drivers to strike in February after union rejects pay deal
- Britishvolt collapses into administration as rescue talks fail
- COVID fraud task force 'not best value' for UK taxpayers, admits HMRC
Overview
- Thousands of British train drivers will stage a fresh two-day walkout next month over a pay dispute, the country's main transport workers' unions said on Tuesday in a coordinated move that will cause further disruption to travel.
- Britishvolt, the UK startup which struggled to raise funds for an major electric vehicle battery factory in northern England, filed for administration on Tuesday in a blow to the country's hopes of building a home-grown battery industry.
- The UK tax office has admitted that chasing Covid-19 support scheme fraud is not proving to be value for taxpayers' money, ahead of the closure of a special unit headed by HM Revenue and Customs, aimed at criminals who exploited financial aid on offer during the pandemic. (Compiled by Bengaluru newsroom)