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U.K. markets news

Airbus to take majority stake in Bombardier's C-Series jet arm
Bombardier has agreed to sell control of its C-Series jetliner programme to Airbus in a deal which could allow the Canadian aircraft maker to circumvent tough US trade penalties and will give the European group a new ally in its battle with rival ...
Will Airbus and Bombardier's partnership push Boeing closer to Brazil?  CNNMoney
Airbus takes a majority stake in Bombardier's C Series programme  City A.M.
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It's a folly to dismiss City warnings over Brexit transition deal delay
London would lose both jobs and revenue to other financial centres if the government remains fails to achieve a transition deal in time.
City warns transition deal 'disappearing by the day' as May heads to ...  Telegraph.co.uk
Brexit: City firms ready for 'irreversible' relocations unless ...  The Independent
Merlin shares plunge after terror fears hit attractions
Shares in the owner of Madame Tussauds and Alton Towers tumbled in early trade as it revealed the impact of recent terror attacks on trading in the UK.
Merlin shares dive 19% on drag from slow summer  Financial Times
Terror attacks deterring visitors to London warns Merlin Entertainments  Proactive Investors UK
Takeover deals that 'jeopardise national security' face Government scrutiny
The Government has announced proposals that would allow it to intervene in mergers and takeovers that raise national security concerns.
UK to tighten foreign investment rules on security concerns  Financial Times
Government looks to widen its powers to intervene in mergers  East Midlands Business Link
Derby train-maker Bombardier lands contract worth hundreds of millions of pounds
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Dutch giant Abellio to invest �1bn in UK train network in lifeline to ...  Telegraph.co.uk
Bombardier wins �680m contract to build West Mids trains  The Business Desk
Storm Ophelia: “Smoke smells” prompt string of plane diversions across UK
Aircrafts have been forced to turn around midway into flights, many being met by firefighters on arrival at terminals, due to the smoke smells in cockpits.
On board 'smoke smells' cause some UK-bound flights to be diverted  Darlington and Stockton Times
Flights are making emergency landings after 'smelling smoke' due to ...  Metro
House sellers' asking prices jumped by �3432 in October - the biggest rise at ...
Asking prices increased by �3,432 on average in October compared with the previous month, new figures suggest. According to the latest index from property site Rightmove, the hike is the largest shift seen at this time of year since the 1.4 per cent ...
London house prices fall at fastest rate since 2009  The Independent
Asos profits surge as overseas sales boosted by weak pound
Online fashion retailer Asos has reported record annual sales and profits, boosted by the weak pound and a "strong international performance".
Asos increases sales forecasts as profits increase 145%  Financial Times
Asos raises forecasts as profits soar  Belfast Telegraph
Pound coin chaos as parking machines and shops fail to meet Royal Mint deadline
The withdrawal of the old �1 coin was mired in chaos on Monday after it emerged that thousands of parking ticket machines and shops have yet to fall into line with the new rules.
Old �1 coin: relaxed retailers mean round pound will be around for longer  The Guardian
New 'rare' pound coins selling for �890 online as old �1 phased out  Express.co.uk
Pound dips against the dollar ahead of crucial inflation reading; theme park ...
2.Sterling's still not done with core prices. Means a higher starting point for any further food/energy price rises to hit overall inflation pic.
LONDON MARKET EARLY CALL: Stocks Called Up Ahead Of UK Inflation Data  Interactive Investor
Sterling's gyrations leave Bank of England in a bind  Financial Times