Shares in manufacturers Bombardier and Siemens have jumped on reports they are in talks about merging their train-making businesses. Bombardier's shares rose nearly 7% while Siemens' shares hit a record high before easing back. Talks between Bombardier, a major supplier of London Underground trains, and Siemens started earlier this year, according to media reports.
According to RICS, the Royal Institution of Chartered Surveyors, residential sales in the UK are lacking 'impetus'. Their latest residential market survey suggests that new buyer enquiries and sales have remained flat in the March and stock levels hit a record low as the number of properties coming to market continues to decline.
Costs are the biggest threat to growth, BCC says. According to the British Chambers of Commerce's latest economic survey, the manufacturing sector is performing strongly so far this year. However, the rising cost of overheads and raw materials are presenting a risk to growth in the medium term. So what can businesses expect in the next quarter?
The supermarkets are full of chocolate bunnies and the daffodils are in full bloom - it can only mean one thing: the Easter holidays are just around the corner. It also means investors can forget about jittery markets for a while, as European stock exchanges will close for a four-day spring break.
Honest Coffees researched data from the 20 most populated cities in the UK to find out which ones were more coffee-friendly and which were more pub orientated. Cardiff came out on top with the highest ratio of coffee shops to pubs, 46 per cent of its drinking establishments are coffee shops. London and Belfast followed close behind. There are currently around 53,000 pubs in the UK
Tesco has reported an annual profit of £1.28bn, before exceptional items. That was a little more than analysts had been expecting. Like for like sales were just below 1%, the first full-year increase in UK like for like sales in seven years. But a record payment related to its historic accounting scandal dragged down final earnings number.
Now you may have seen that the top singer of our times Ed Sheeran's settled a 16-million pound copyright claim over his hit Photograph. An agreement's been reached out of court. The song photograph was just a simple ballad inspired by taking a picture of his beloved. But Ed Sheeran may be regretting ever picking up that camera,
Toshiba has filed its delayed financial results, warning that the company's survival is at risk. "There are material events and conditions that raise substantial doubt about the company's ability to continue as a going concern," the company said in a statement. The electronics-to-construction giant reported a loss of 532bn yen (£3.8bn; $4.8bn) for April to December.
Fresh details on price rises and wage growth this week are expected to underline the rising pressures on UK household budgets as the pound’s sharp fall since the Brexit vote continues to stoke inflation. The Bank of England has warned the economy’s main engine of growth, consumer spending, will lose momentum this year as rising living costs eat into people’s budgets. Economists expect official figures on Tuesday will vindicate those worries, with inflation forecast to have reached its highest level for more than three years in March.
Boris Johnson has claimed that that the US could launch further strikes against the Assad regime, ahead of key international talks to put pressure on Russia to rethink its support for its Syrian ally. The UK Foreign Secretary cancelled a planned trip to Moscow at the weekend, leading the Kremlin to swipe at the UK for lacking “real influence” internationally.