Oscar Williams-Grut
Senior City Correspondent, Yahoo Finance UK- Yahoo Finance UK
What to Watch: Bed startup dives on profit warning, Sports Direct weighs in on JD deal, and Airbnb eyes listing
A daily overview of the top business, market, and economic stories to watch in the UK, Europe, and abroad.
- Yahoo Finance UK
First woman to lead top UK bank as RBS names Alison Rose CEO
Rose is currently deputy CEO of NatWest and CEO of commercial and private banking at RBS.
- Yahoo Finance UK
'Increasingly serious headwinds' facing world economy, OECD warns
The OECD is forecasting global growth will be the weakest since the financial crisis for the next two years.
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Bank of England warns Brexit limbo damaging as interest rates unchanged
The Bank of England kept the interest rate unchanged at 0.75%.
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Only 1,000 banking jobs lost since the Brexit vote
Banks have "so far transferred fewer staff and assets to the continent than expected," EY's UK financial services head Omar Ali said.
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Burger King and McDonalds phase out plastic toys in UK green push
The move comes after a popular petition from two Southampton sisters calling for the fast food giants to reduce waste.
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JD Sports' £90m takeover of Footasylum 'could be bad for shoppers'
The Competition and Markets Authority has demanded changes to the deal, threatening a full inquiry otherwise.
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Bank of England set to hold rates as Brexit uncertainty reigns
Mark Carney and the Monetary Policy Committee are forecast to hold the interest rate at 0.75% on Thursday.
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Good news for Brits as inflation falls to lowest rate since 2016
Inflation slowed to 1.7% in August, new figures show, below forecasts. It means more money in the pocket of Brits.
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Twitter founder Jack Dorsey's Square launches new product in the UK
The Terminal is Square’s third hardware product launched in the UK and does not need to be linked to a smartphone or tablet to function.
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UK government opens national security investigation into £4bn defence deal
Business secretary Andrea Leadsom announced the investigation of Advent's takeover of Cobham on Wednesday.
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Sports Direct contacts government over auditor failure
Sports Direct is understood to be not planning to contact the business secretary for help, despite being without an auditor for a week.
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Housebuilder CEO gets £890,000 pay rise as Help to Buy boom continues
David Thomas enjoyed a 30% rise in his pay package as Barratt Developments made a record profit.
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WeWork delays multi-billion-dollar IPO after poor reception
The office provider said it now hopes to list on the stock exchange 'by the end of the year.'
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OxyContin maker Purdue Pharma files for bankruptcy
The Chapter 11 filing is part of a proposed $10bn settlement of legal cases alleging the company profited from the US opiod addiction epidemic.
- Yahoo Finance UK
What to Watch: Eddie Stobart profit warning, crunch talks for Thomas Cook, and cake maker's sales soar
A daily overview of the top business, market, and economic stories to watch in the UK, Europe, and abroad.
- Yahoo Finance UK
Oil price surges as US warns Iran it's 'locked and loaded'
Drone strikes hit two Saudi Arabian oil facilities on Saturday, knocking out about half of the country’s oil output.
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Pro-Brexit Wetherspoon boss tells Boris: Don't break law for no-deal Brexit
Tim Martin said the prime minister shouldn't break law requiring him to write to the EU 'but he should try and leave.'
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London Stock Exchange rejects £32bn Hong Kong takeover bid
The board said the takeover proposal has 'fundamental flaws' and unanimously rejected the bid.
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More pain for Neil Woodford investors with £42m write-down
Woodford Patient Capital Trust announced its second write-down in two months late on Thursday.
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Twitter's UK profit jumps — but tax bill falls
Twitter’s UK tax bill fell from £2.4m in 2017 to just £41,000 last year, due to deferred credits and employee share awards.
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Wetherspoons boss attacks 'Oxbridge' Remainers for 'frustrating' Brexit as sales rise
Tim Martin criticised 21 rebel Tory MPs who voted against the government to block a no deal Brexit.
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Ex-Barclays innovation head: There's 'opportunity to re-think value'
Kirsty Rutter, who left the bank in May, said company valuations should take into account environmental and social impact.
- Yahoo Finance UK
What to Watch: Morrisons' sales fall, Co-op warns on Brexit, and ECB ahead
A daily overview of the top business, market, and economic stories to watch in the UK, Europe, and abroad.
- Yahoo Finance UK
John Lewis warns on no-deal Brexit as it loses £25m in six months
Chairman Sir Charlie Mayfield blamed Brexit and said no deal would have a 'significant' negative impact.
