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Evening Standard
Pound strengthens but FTSE loses ground after US jobs data
The pound has strengthened against the US dollar and the euro after the UK ushered in a new government, while top European stock markets faltered as investors turned their attention to events overseas.Sterling was up about 0.3% against the US dollar at 1.28, and 0.2% against the euro at 1.1825 on Friday afternoon.Traders had been …
Business
Evening Standard
Crest Nicholson attracts fresh bidding interest after shrugging off Bellway
Crest Nicholson has attracted fresh bidding interest after rejecting a possible offer from rival housebuilder Bellway, as the housing sector was boosted by a Labour election victory.The Surrey-based company said it had received an all-share proposal from Avant Homes to combine the two housebuilders.Avant – an affordable housebuilder focused on the Midlands, the North of …
Business
Euro News
Volkswagen hits back at EU tariffs on Chinese electric vehicles
Business
Euro News
Philips face EU class-action over toxic foam in respirators
Business
Euro News
The Body Shop’s French subsidiary takes a step closer to liquidation
Business
Euro News
Shell takes billion dollar hit as it pauses building of biofuels plant
Business
Business Live
Buyout deal for logistics firm
A logistics firm has expanded its foothold in the West Midlands by acquiring a local rival. Solihull-based OnLogistics has acquired Exact Logistics in Rugby in an undisclosed deal. OnLogistics specialises in e-commerce and order fulfilment services and said the acquisition of Exact Logistics would give it long-term opportunities for business expansion and a broader range …
Business
Euro News
Airbus wins satellite deal with German military as defence remains a priority
Business
Sky News
Key economic challenges facing Labour and the woman soon to become Britain’s first female chancellor
Having turned the political map red, Labour’s priority is steering the economy into the black.Sir Keir Starmer’s programme for government may be modest, but the means to deliver it are not. A new prime minister and, in Rachel Reeves – widely expected to become the UK’s first female chancellor – have a tough economic inheritance.Follow …
Business
Evening Standard
Impact of junior doctor strike revealed as medics await call from Labour
Junior doctors in England are awaiting a call from the new Labour government after officials promised to instigate discussions on “day one”.Health leaders have urged the government to resolve the long-running dispute as a “priority” after it emerged that tens of thousands of appointments were postponed as a result of the latest strike.NHS England said …
Business
Euro News
‘A society that doesn’t represent us’: Why AI needs more women
Business
Evening Standard
Shell reveals $2 billion in Rotterdam and Singapore write downs
Shell revealed the cost of the delays to its giant Dutch biofuels plant today, offering fresh insight into the extent of the latest blow to its push into green energy. Construction of the Rotterdam biofuel facility – which will process used jet fuel into the environmentally friendly energy source – is on hold due to what …

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