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U.K. markets news

Ryanair's red hot growth may have left its pilots in the cold
Ryanair has had the week from hell. The budget airline has cancelled around 2,000 flights, affecting up to 400,000 passengers, and unleashing a wave of terrible headlines and withering commentary.
Ryanair pilot crisis a symptom of a wider problem  Irish Times
'We have them on their knees': 350 pilots at Ryanair urged to join union  Independent.ie
The Independent  
Recycling: More must be done to promote the re-use of household items, poll finds
There is room for improvement in how much we recycle but it takes effort from manufacturers and consumers to make a difference. 06:24, UK, Monday 25 September 2017.
Eight out ten people believe recycling 'makes a difference', but ...  Telegraph.co.uk
Call made the improve recycling rates in South Tyneside  Shields Gazette
Uber set for landmark UK employment case fightback
Uber will this week begin its appeal of a landmark UK employment case that will test the issue of whether its drivers are workers or self employed.
Protectionism trumps progress: TfL's war on Uber and enterprise  City A.M.
Unions call for Uber to be stripped of licence  The Argus
Burst water pipe affects Shropshire homes
A water pipe measuring about 21ins (53cms) has burst leaving thousands of homes without water, Severn Trent said. The company confirmed one of their "biggest" pipes had burst at about 04:00 BST affecting supplies across Telford.
Thousands of homes left without water following burst pipe in Telford  shropshirelive.com
Sri Lankan arrested with nearly 1kg of gold in his rectum
Sri Lankan authorities have arrested a man for allegedly trying to smuggle gold and jewellery weighing up to 1kg (2.2lb) hidden in his rectum.
YAHAPALANA AND “WORLD WAR III” Part 2  Lankaweb
Deliveroo valuation hits �1.5bn after food delivery firm raises new funds
Deliveroo has been criticised by unions, which say it is exploiting its workers. Photograph: Dan Kitwood/Getty Images. Deliveroo. Deliveroo valuation hits �1.5bn after food delivery firm raises new funds.
Deliveroo is now worth more than $2bn as huge new investment confirmed  City A.M.
Deliveroo raises $385M in new funding, now valued at 'over $2 Billion'  TechCrunch
Carlyle lights up race for tobacco giant P&H
Carlyle has emerged as the frontrunner to take control of the UK's biggest tobacco supplier, Sky News learns. 15:21, UK, Sunday 24 September 2017.
Buyout firm Carlyle has had its interest sparked by cigarette distributor ...  City A.M.
Fizzy milk might be the next big food trend
These days, it's considered much more on-trend to offer up all possible varieties of nut and oat milk, with regular old milk from a cow getting left in the dust.
Milk is getting a makeover in a bid to make it fashionable - and it's ...  Mirror.co.uk
The milk you drink is getting a makeover and you'll either love it or ...  JOE
Moody's downgrades UK's rating on Brexit and growth fears
LONDONSept 23 (Reuters) - Ratings agency Moody's downgraded Britain's credit rating on Friday, saying the government's plans to bring down its heavy debt load had been knocked off course and Brexit would weigh on the economy.
Moody's downgrades UK credit rating on concerns about public finances ...  MercoPress
After Friday Brexit blip, pound traders to focus on BoE, Moody's  Gulf Times
ABB buys GE industrial solutions unit for $2.6bn
Swiss engineering group ABB is stepping up its acquisition programme by buying General Electrics' industrial solutions business for $2.6bn.
ABB buys GE business for $2.6 billion in bet it can boost margins  Reuters UK
ABB To Buy GE Industrial Solutions For $2.6 Bln - Quick Facts  Nasdaq