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U.K. markets news

Ryanair to recognise unions to prevent pilots' strike before Christmas
Ryanair had to cancel hundreds of flights in September because of staff shortages. Photograph: Paul Faith/AFP/Getty Images. Ryanair.
Ryanair backs down in battle over pilot unions  Financial Times
Ryanair seeks to avert Christmas strikes by offering to recognise unions for ...  
Unilever sells household name spreads to KKR for �6bn
Flora margarine is one of several brands bought by private equity house KKR. Photograph: Luke MacGregor/Reuters. Unilever. Unilever sells household name spreads to KKR for �6bn.
KKR snaps up Unilever's spreads business in €7bn deal  Financial Times
KKR Goes on a Margarine Binge  Bloomberg
BT, Sky bury hatchet with deal to sell each other's telly channels
BT and Sky have set aside their long-running feud and signed a deal to sell their channels on each other's platforms. Under the deal, BT will supply its sports channels, which show UEFA Champions League and Premier League football, to Sky.
MARKETS CLOSE: Shares climb as Brussels signs off on phase one of Brexit; BT ...  This is Money
BT and Sky agree content sharing deal  Financial Times
Britvic confirms Norwich factory closure
Britvic has confirmed it will leave its Norwich site, with the loss of hundreds of jobs in the city, in 2019. The drinks manufacturer, which co-owns Carrow Works with Unilever, said it would transfer production of Robinsons and Fruit Shoot to its other ...
Britvic confirms closure of Norwich factory, resulting in more than 200 job ...  ITV News
Britvic Norwich factory closure confirmation is a 'classic case of ...  Norfolk Eastern Daily Press
More than 1m 'forgotten homes' in UK do not get fast enough broadband
Families in rural areas are being left behind by slow internet speeds, Ofcom said. Photograph: Inti St Clair/Getty Images/Blend Images.
Million Britons miss out on 'decent' broadband speeds  BBC News
A million UK homes still get crappy broadband speeds, groans Ofcom  The Register
Persimmon chairman resigns after row over giant exec bonuses
The chairman of housebuilder Persimmon is to resign over his role in creating one of the biggest ever executive pay schemes in a "a warning signal to pay committees".
Persimmon chair quits over failure to rein in CEO's 'obscene' ...  The Guardian
Why Persimmon's chairman was right to quit over bonus scheme backlash  Sky News
Net Neutrality Was Never Enough
Like The Atlantic? Subscribe to The Atlantic Daily, our free weekday email newsletter. Ajit Pai, the chairman of the Federal Communications Commission, opens a bag of Cheetos with his teeth, dumps them onto a hipster food-court lunch bowl, and ...
Net neutrality: Debunking the arguments used to repeal it  The Independent
What's next for net neutrality, and when will we see change?
Pound slides on warnings of 'tougher' second phase to Brexit talks
THE pound slid on Friday as investors worried about the prospects of a swift Brexit trade deal after EU leaders suggested the second phase of negotiations would be "tougher" than the first.
Pound tumbles on Brexit doubts but FTSE 100 edges higher  City A.M.
LONDON MARKETS: FTSE 100 Swings Higher At Pound Slides After EU Warns Of ...  Fox Business
Airbus power struggle sees departure of Fabrice Br�gier
Airbus has begun a shake-up of senior management that will trigger acute political sensitivity in France and Germany, the main stakeholders in Europe's flagship aerospace company.
Airbus chief Tom Enders to leave after power struggle  BBC News
Guillaume Faury wins power struggle for top job at Airbus  The Times
Household finances are worse since Brexit vote, says Bank of England
A Bank of England survey in September found the highest percentage of households reporting mortgage debts of more than four times their earnings than at any time since 2013.
Confidence falls as more people expect household finances to get worse  The Times
UK households under most financial strain in 5 years  Financial Times