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US shares suffer sharpest drop in months 10 Oct 6:36pm Updated US shares suffer sharpest drop in months
BBC
The technology-based Nasdaq index falls 4%, while the S&P 500 sees biggest one-day fall since early February.
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HStQ 13 Oct 10:29pm
HStQ 13 Oct 10:29pm
HStQ 13 Oct 10:29pm
Currencies in GBP
EUR 0,90 +0,335%
USD 0,77 +0,784%
CHF 0,78 +0,385%
10 Oct 3:22pm James Murdoch favorite to replace Elon Musk as Tesla chairman – report
The Guardian
Son of media tycoon Rupert Murdoch is the lead candidate to replace the embattled Tesla founder James Murdoch is the favourite to take over the chairmanship of volatile electric-carmaker
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10 Oct 2:49pm James Murdoch tipped to lead Tesla board?
BBC
Tesla must replace Elon Musk as board chairman as part of a settlement with US financial regulators.
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10 Oct 2:23pm SoftBank punt on WeWork office space hub is risky business
The Guardian
Workspace company makes substantial losses and providing short-term office space is notoriously cyclical WeWork, according to the founders’ blurb, is “a place you join as an individual, ‘me’, but where you become part of a greater ‘we’. A place where we’re redefining success measured by personal fulfilment, not just the bottom line.” Very uplifting, but you’d probably think twice before investing. Funky murals and cheese-tasting events for tenants are eye-catching but, in the end, WeWork is a provider of office space on short-term leases, which is a notoriously cyclical game. And, despite opening offices in more than 70 cities around the world, WeWork currently makes substantial losses. However, SoftBank of Japan, one of the world’s biggest and most adventurous investors, is keen to throw serious sums at the company. It has already invested $4.4bn and, according to reports, is lining up another $10bn or $20bn. Softbank’s co-traveller is Saudi Arabia’s sovereign wealth fund via the duo’s enormous $100bn Vision Fund, which aims to make big bets on businesses of tomorrow.
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Nasty Gal ad banned over underweight model 10 Oct 2:22pm Updated Nasty Gal ad banned over underweight model
BBC
The Advertising Standards Authority banned three Nasty Gal TV ads for using an unhealthily thin model.
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Tyre firm plans to cut 300 jobs at Melksham factory 10 Oct 1:34pm Tyre firm plans to cut 300 jobs at Melksham factory
BBC
Cooper Tire and Rubber Company said its Melksham factory "did not offer economies of scale".
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UK growth flatlines in August but quarterly picture is brighter 10 Oct 1:34pm UK growth flatlines in August but quarterly picture is brighter
The Guardian
Divisions over whether month points to underlying weakness in economy, or was just a blip The UK economy ground to a halt in August, according to official figures that suggest a slowdown in growth after the World Cup. The
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10 Oct 1:04pm Acropolis to close in one-day strike over privatisation threat
The Guardian
Trade union walkout is protest against foreign investment funds exploiting ancient sites in Greece Striking trade unionists in Greece are set to shut the country’s prime ancient sites, including the
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Hard Brexit could cut UK trade with Europe in half, find researchers 10 Oct 12:38pm Hard Brexit could cut UK trade with Europe in half, find researchers
The Independent
A hard Brexit could cut the UK's trade with the European Union in half, a new study has found.
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 These are the roads drivers made the most complaints about last year 10 Oct 12:36pm Updated These are the roads drivers made the most complaints about last year
Daily Mail
Oldham Road in Manchester, a four mile stretch from the city's ring road, heading north east to Hollinwood, was subject to the most criticism - mainly from disgruntled motorists.
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10 Oct 12:32pm FTSE LIVE: Patisserie Valerie freezes shares; SSE-Npower deal cleared; Telford Homes warns on Brexit
Daily Mail
The FTSE 100 closed down 91.85 points at 7145.74 and the pound was at $1.32 against the dollar.
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10 Oct 12:29pm Sears shares falter on bankruptcy fears
BBC
The firm is facing a $134m debt payment that is due on Monday.
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10 Oct 11:51am Industry figures warn of 'serious' problems facing UK live music scene
The Independent
Experts warn Britain could lose its reputation for music if nothing is done to support the industry
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Britain will lose 5,000 City jobs by Brexit Day, minister warns 10 Oct 11:40am Britain will lose 5,000 City jobs by Brexit Day, minister warns
The Independent
'Uncertainty' taking its toll on financial sector, which risks firms quitting, says John Glen
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Britain's public finances worse than Gambia, Uganda and Kenya, because of privatisation, IMF finds 10 Oct 11:32am Britain's public finances worse than Gambia, Uganda and Kenya, because of privatisation, IMF finds
The Independent
Bank bailouts, rising pension liabilities and sell-off of public assets have wiped £1 trillion of UK's net wealth, study suggests
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10 Oct 11:32am Patisserie Valerie faces winding-up order from HMRC
BBC
The chain says it has uncovered "significant, and potentially fraudulent, accounting irregularities".
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10 Oct 10:01am IMF warns global economic stability at risk from no-deal Brexit
The Guardian
Annual report says ongoing uncertainty could adversely affect market confidence A no-deal Brexit would send shockwaves through the global financial system and is one of the main risks to economic stability, the International Monetary Fund has warned. Echoing concerns
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Weakening of trade union power has hit workers' pay, says Bank of England chief economist Andy Haldane 10 Oct 9:50am Weakening of trade union power has hit workers' pay, says Bank of England chief economist Andy Haldane
The Independent
Haldane added that if the decline of unionisation continued over the coming decades, so would the drag on pay
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UK economy flatlines in August but grows by 0.7% over the quarter - business live 10 Oct 9:37am Updated UK economy flatlines in August but grows by 0.7% over the quarter - business live
The Guardian
Britain’s economy ground to a halt in August but quarterly growth hit 0.7%, boosted by demand for retail and food and drink during the heatwave
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Patisserie Valerie warns of potential fraud 10 Oct 9:36am Updated Patisserie Valerie warns of potential fraud
BBC
The cafe chain's shares are suspended over "significant, potentially fraudulent, accounting irregularities".
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UK expects to lose 5,000 City jobs through Brexit 10 Oct 7:11am Updated UK expects to lose 5,000 City jobs through Brexit
BBC
The UK government expects 5,000 financial service jobs to have left the UK by March 2019.
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10 Oct 6:51am RBS is still shooting itself in the foot ten years on from its £45bn bailout
The Independent
CEO Ross McEwan has been touring TV studios to tell the world that it could be another ten years before its reputation is restored. Part of the reason for that is the decisions he's been making
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'Mission led' Legal & General has mission to thwart employee directors 10 Oct 6:38am 'Mission led' Legal & General has mission to thwart employee directors
The Independent
The insurer has responded to the Government's corporate reforms with a backward looking cop out
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EasyJet boss predicts more airline failures after collapse of Primera Air 10 Oct 5:56am EasyJet boss predicts more airline failures after collapse of Primera Air
The Independent
'A lot of weaker players are in a more difficult situation because of the high price of oil,' said Johan Lundgren
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UK economy grows faster than expected in three months to August 10 Oct 5:55am UK economy grows faster than expected in three months to August
The Independent
The economy expanded by 0.7 per cent over the three months, according to the latest estimate from the Office for National Statistics
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Hot summer gives boost to UK economy 10 Oct 5:51am Updated Hot summer gives boost to UK economy
BBC
The UK economy stagnated in August, but grew 0.7% over three months, figures indicate.
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10 Oct 5:37am What is the state pension and how does it work? Your questions answered
Daily Mail
Every week, readers flood our inbox with questions about the new state pension. Many say they feel bamboozled by the new system and find it hard to work out what they should be getting.
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10 Oct 5:24am Now TSB customers are told they face non-existent overdraft charges
Daily Mail
TSB says it has mistakenly sent text messages to an undisclosed number of customers over the past month, urging them to pay money into their accounts in order to avoid extra charges.
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Amazon warehouse accidents total 440 10 Oct 5:21am Updated Amazon warehouse accidents total 440
BBC
Workers have suffered fractures, head injuries and collisions with heavy equipment, the GMB union says.
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10 Oct 4:44am Updated Npower and SSE merger given final clearance by competition watchdog
The Independent
Consumers will still have 'plenty of choice' as Big Six energy suppliers become Big Five
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10 Oct 4:01am Patisserie Valerie shares suspended over accounting black hole
The Guardian
Owner notified of ‘significant, and potentially fraudulent, accounting irregularities’ The owner of Patisserie Valerie has suspended its shares after the discovery of potentially fraudulent accounting irregularities. Patisserie Holdings said it has been notified of “significant, and potentially fraudulent, accounting irregularities and therefore a potential material mis-statement of the company’s accounts”.
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Investors cautious ahead of UK growth figures - business live 10 Oct 3:53am Updated Investors cautious ahead of UK growth figures - business live
The Guardian
Factors including Italy’s rising borrowing costs and US/China trade war weigh on sentiment, as UK investors await growth figures for August
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10 Oct 3:24am Trillions of reasons why EU needs a deal: Bank of England warns of risk to European lenders 
Daily Mail
When Brexit happens in March 2019, banks from the Continent will be barred by EU law from using British clearing houses such as the one operated by the London Stock Exchange.
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We want a fare deal over Tui’s failed taxi booking 10 Oct 2:00am We want a fare deal over Tui’s failed taxi booking
The Guardian
Although it was part of our package, it won’t refund us the cost of hiring our own
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Shoebox Britain: how shrinking homes are affecting our health and happiness 10 Oct 1:00am Shoebox Britain: how shrinking homes are affecting our health and happiness
The Guardian
The slicing and dicing of housing is redefining the idea of home. Those forced to live in ever smaller spaces describe how this changes their lives
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Skincare brand Deciem shuts stores following online post by founder 9 Oct 7:19pm Skincare brand Deciem shuts stores following online post by founder
BBC
The founder of the Toronto-based beauty brand said its stores would close because of "criminal activity".
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9 Oct 7:11pm Nissan Leaf electric car advert banned for misleading charge time claims
The Independent
Company claimed car could charge up to 80 per cent of full capacity in 40 to 60 minutes – but didn't make clear this was dependent on a number of conditions
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How taking up yoga saved one City worker 9 Oct 7:04pm How taking up yoga saved one City worker
BBC
Mariya Gancheva, a successful but "burned out" City of London banker, turned to yoga to successfully reduce her stress levels.
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Darling and Howard back call for post-Brexit carbon tax 9 Oct 7:01pm Darling and Howard back call for post-Brexit carbon tax
The Guardian
Policy Exchange report calls for steadily rising levy to help tackle climate change Companies selling fossil fuels in Britain should face a steadily rising carbon tax to tackle climate change after Brexit, according to the former Labour chancellor Alistair Darling and the Conservative party grandee Michael Howard. In a cross-party campaign to ensure the government sticks to its commitment to cut carbon emissions after Britain leaves the EU, the two politicians said a tax should be introduced as soon as reasonably possible.
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Revised plans for Thames crossing attract controversy 9 Oct 7:01pm Revised plans for Thames crossing attract controversy
The Guardian
£6bn Lower Thames Crossing scheme meets opposition from environmental campaigners A major new road incorporating the Lower Thames Crossing will be a three-lane dual carriageway throughout to almost double road capacity across the river, Highways England has announced, as the revamped £6bn scheme goes out to fresh public consultation. The government says the controversial link from Essex to Kent, billed as Britain’s most ambitious road scheme since the M25 motorway orbiting London was built, will boost south-east England’s economy and tackle congestion across the Thames east of London when it opens in 2027.
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Nissan censured by ad watchdog over electric car claims 9 Oct 7:01pm Nissan censured by ad watchdog over electric car claims
The Guardian
Carmarker had suggested Leaf could largely replenish battery capacity within an hour The UK advertising watchdog has ruled Nissan made misleading claims about how fast its flagship electric car can be recharged, marking the first time a car manufacturer has been censured over charging speeds. An advert by the Japanese carmaker said the new Leaf,
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Halt universal credit or face summer of discontent, Gordon Brown tells PM 9 Oct 7:01pm Halt universal credit or face summer of discontent, Gordon Brown tells PM
The Guardian
Ex-Labour leader says Tory welfare scheme could push millions more into poverty Britain is on course for a summer of discontent and poll tax-style chaos unless Theresa May scraps plans for a full national rollout of universal credit next year, the former prime minister Gordon Brown is to say. In a ferocious attack on the government’s flagship welfare reform, Brown predicts that a complex application process alongside Treasury spending cuts will plunge a million more children into poverty and increase reliance on food banks.
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Why you have (probably) already bought your last car 9 Oct 7:00pm Why you have (probably) already bought your last car
BBC
A growing number of tech analysts are predicting that in less than 20 years we'll all have stopped owning cars.
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The challenge of recycling waste in Antarctica 9 Oct 7:00pm The challenge of recycling waste in Antarctica
BBC
How do scientists in the Antarctic minimise the waste generated by their research stations?
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