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Top Stories in the Financial Times

Aug 24 (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

Yevgeny Prigozhin in Fatal Plane Crash, Russian Officials Say

Alison Rose Eligible for 2.4 Million STG from NatWest Despite Resignation

Wilko Administrators Warn of “Likely” Job Losses and Store Closures

NHS Consultants in England to Strike During Tory Conference

Overview

Russia’s most powerful mercenary Yevgeny Prigozhin was on board a plane that crashed on Wednesday evening north of Moscow with no survivors, the Russian authorities said. This incident comes two months after Prigozhin led an abortive mutiny against the top brass of the army. With the tragedy of his demise, investigations will be carried out to determine the cause of the crash, bringing repercussions to the realm of military and security affairs.

Despite her resignation over a scandal involving the closure of Brexit campaigner Nigel Farage’s bank accounts, NatWest’s former chief executive, Dame Alison Rose, remains eligible for a compensation package of at least 2.4 million pounds ($3.05 million). While her resignation may have been influenced by the controversy, the substantial pay package suggests that her departure was not solely due to personal wrongdoing.

British homeware and household goods discount retailer, Wilko, faces a potential closure of some of its stores as its acquisition prospects diminish. Administrators at PWC have warned of the “likely” occurrence of job losses and store closures as a buyer has not been found for the entire group. This situation reflects the challenging landscape of the retail industry and the potential negative impact on Wilko’s employees and customers.

Solidifying their campaign for higher pay, senior NHS doctors in England have announced plans for three consecutive days of industrial action during the Conservative party’s annual conference in October. By striking during this significant political event, the doctors aim to intensify pressure on ministers to address their demands. This action raises questions about the government’s handling of the healthcare sector and its implications for patient care.

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($1 = 0.7860 pounds) (Compiled by Bengaluru newsroom)

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