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U.K. markets news

UK budget deficit narrows to lowest September level since 2007
Analysts say the improvement in public finances is largely down to rising inflation, which raised the price of goods in the shops, thus boosting VAT receipts.
Government borrowing undershoots again to provide the Chancellor more ...
UK government borrowing restrained by low spending levels  Financial Times
BBC News  
Millennial railcard to launch next year offering a third off fares
The typical sum saved by 18-25 railcard holders is �190 a year but benefits of the new card may be higher as more will likely use it for commuting to work.
A new 26-30 Railcard is on its way - finally! How to get your hands on one
Rail firms 'consider' railcard for 26 to 30-year-olds  BBC News
Holden plant closure leaves political bickering in its wake
As Holden shuttered the country's last car assembly plant, sparking emotional scenes yesterday among onlookers and the remaining 955 workers, federal and state politicians maintained their quarrel over who was to blame for the demise of the industry in ...
Australian car manufacturing ends as GM Holden closes plant  Reuters
No tears as Holden has its last hurrah at Elizabeth plant
CBI calls for special commission to look at the impact of AI on UK businesses
The Confederation of British Industry is calling on the Government to establish a joint commission tasked with examining the impact of Artificial Intelligence on people and jobs across all sectors of the UK economy.
Join A Trade Union Before Your Boss Replaces You With AI  Silicon UK
AI news: CBI urges creation of AI commission in 2018  IT PRO
Ikea drawers 'kills eighth child' - but there's no UK recall yet
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Eighth toddler crushed to death by recalled IKEA dresser  International Business Times UK
Ikea drawers 'kills eighth child' after product recall and repair offer  Birmingham Mail
Cost of childcare rising 7 TIMES faster than wages and single parents are the ...
The cost of childcare for young children has increased up to seven times faster than wages over the past few years, a new study reveals.
Cost of childcare has risen four times faster than wages, research finds  LocalGov
FTSE flirts with record levels as miners, banks boost
LONDON (Reuters) - A recovery in financials and basic resource stocks boosted Britain's FTSE on Friday after the previous session's losses, as U.S.
FTSE 100 watch: Footsie steadies as copper boosts miners  iNVEZZ
BC family plagued by bedbugs on nine-hour flight to London
A British Columbia woman plagued by bedbugs on a nine-hour flight to London is a victim of the explosive growth in the critters globally, but travellers shouldn't worry they'll become a common feature on planes, says an entomologist.
British Airways apologises after passengers left 'covered' in bedbug ...  The Independent
Nightmare fuel: Trapped in airplane seat crawling with bedbugs  Ars Technica
GE cuts profit guidance as shares fall on trading worries
General Electric has slashed its profits guidance after posting a quarterly loss due to weak trading in two key divisions. Shares in the industrial group fell at the start of trading on Wall Street after it unveiled a 5% fall in third quarter earnings ...
New GE chief vows turnaround after 'unacceptable' results  Daily Mail
GE issues profit warning as new CEO readies sale of assets worth up to $20bn  Irish Times
Bank of England under fire over lack of diversity
MPs have approved latest senior appointments but want to know more about what is being done to increase diversity at the Bank. 13:58, UK, Friday 20 October 2017.
Bank of England badly needs more diversity but the Treasury is getting in ...  The Independent (blog)
Chancellor asked to address lack of diversity at Bank of England  The Guardian