PRESS DIGEST- Financial Times - April 9

April 9 (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

- Companies sued for 360 million pounds in damages over Grenfell Tower fire

- UK financial watchdog cuts fees for first time in more than a decade

- UK considers nationalising British Steel

- Brussels eyes fresh retaliation as it struggles to counter Trump tariffs

Overview

- Kensington and Chelsea council has launched a series of lawsuits against companies involved in the refurbishment of Grenfell Tower, pursuing them for a total of 360 million pounds ($461.5 million) plus interest over losses arising from the fire at the London high-rise apartment block that killed 72 people.

- Britain's Financial Conduct Authority plans to cut the fees paid by the companies it oversees for the first time in more than a decade.

- The UK government is considering nationalising British Steel, as British Prime Minister Keir Starmer on Tuesday vowed to do "everything we can to ensure there's a bright future" for the Chinese-owned steelmaker's main site in Scunthorpe.

- The EU will propose retaliation for U.S. "reciprocal" tariffs early next week, the European Commission said on Tuesday as it struggles to respond quickly to the trade war started by U.S. President Donald Trump.

($1 = 0.7802 pounds)