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U.K. markets news

Sainsbury's to cut 2000 jobs across UK
Sainsbury's job cuts: all the big supermarket chains have announced plans to reduce costs as they try to compete with Aldi and Lidl.
Sainsbury's to cut 2000 jobs in cost-saving drive  BBC News
Sainsbury's to slash 2000 jobs in cost cutting drive  
'One and done' rate hints hit pound after 3% inflation
Bank of England policymakers wrong foot currency traders with comments suggesting there may only be one interest rate rise despite rising inflation.
Sterling drifts lower as traders question prospect of interest rate hike  Belfast Telegraph
UK interest rate rise likely as inflation hits 3%  The Guardian
Pensioners set to get extra cash thanks to inflation SURGE
The cost of living jumped to a five-year high in September as prices went up by three per cent - up from 2.9 per cent in August. The rise was fuelled by higher food and transport costs, according to the Consumer Price Index.
Higher inflation means benefits pain for households, says IFS  DIGITALLOOK
Living standards to be hit as inflation rises to five year high
Merlin pushes into hotel rooms as shares plunge on back of terror hit to ...
Madame Tussauds and Alton Towers owner Merlin will plough more cash into accommodation after it cut its profit expectations on the back of tough trading caused by terror attacks in the UK.
Merlin shares drop sharply after lacklustre summer at theme parks  Financial Times
Can Merlin bounce back from 20% slump?  Interactive Investor
'Maintain close ties with EU': Key charts and analysis on UK from the OECD
The Organisation for Economic Cooperation and Development has urged the UK to maintain the “closest possible” ties with the EU if it is to limit the economic and social costs of Brexit.
We must listen to the OECD's warnings about the effects of Brexit  The Independent (blog)
Blitz spirit prevails as Brexiteers vow to keep calm and carry on  Irish Times
Airbus bets on demand for Bombardier's 'cute little plane'
Airbus appears to have disproved the adage that you can't get something for nothing after sealing a surprise deal late on Monday night to secure a majority stake in Bombardier's C Series regional jet.
Airbus deal with Bombardier may protect 1000 jobs in North  Irish Times
Bombardier turns tables on Boeing with Airbus deal is says avoids CSeries duties
Small fortune: Trump plummets 92 places in Forbes' American rich list
All that glitters … Donald Trump said his net worth was more than $10bn on the campaign trail but Forbes put the real figure at a fraction of that total.
Here's How Much Donald Trump's Net Worth Decreased Over the Past Year  Money Magazine
President Trump drops in Forbes 400 list of richest Americans  USA TODAY
Former Rhyl Indian restaurant owner admits food hygiene offences and is fined ...
A cockroach ran across the bar during a hygiene inspection at an Indian restaurant, a court heard. Magistrates at Llandudno were told the Chilli Pink restaurant in Queen Street, Rhyl, closed but reopened later last year– displaying an old food hygiene ...
Cockroach 'ran across Indian restaurant bar during hygiene inspection'  WalesOnline
More teething problems on GWR's brand new Intercity Express train
One of GWR's new trains. Hitachi, the trains' manufacturer, blamed an 'IT router issue' for its teething problems.
'Teething problems' for new GWR train to Wales  BBC News
Transport Secretary Chris Grayling stuck on flagship train delayed on its ...
House prices up 5% in a year, official figures show, as shortage of homes on ...
House prices continued to rise in August, adding more than �1,000 in just a month, as fewer properties coming onto the market propped up growth, official figures have shown.
Some parts of the UK have suffered a 'lost decade' of house prices
UK house prices: how the cost of property has changed where you live  iNews