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U.K. markets news

Brexit: British strawberry prices set to soar by 50% as fruit farms face ...
The price of British strawberries could soar as much as 50 per cent as the industry faces the “disastrous and cataclysmic” effects of losing EU workers, farmers have warned.
Strawberry costs may 'soar up to 50%' if Brexit restricts labour  Sky News
Soft fruit industry at risk without labour assurances  The Grocer
BBC News  
Crossrail: First Elizabeth line train comes into service on Liverpool Street line
The first Elizabeth line train has come into service in east London, ahead of the launch of Crossrail next year. From Thursday morning the brand new train - part of a fleet of 66 that will operate on the new line - will serve a TfL Rail route between ...
Crossrail's here: The first Elizabeth Line train enters passenger ...  City A.M.
New Crossrail Trains Launch Today  Londonist
HS2 franchise: Bidder shortlist revealed
The companies bidding for the West Coast Partnership rail franchise, which will design and run the HS2 high speed services between London and Birmingham, have been revealed.
Nottingham rail services operator part of HS2 trains bid  Nottingham Post
Train operators square off as bidding for West Coast and Southeastern ...  Telegraph.co.uk
McDonald's launches home delivery in the UK after tie-up with Uber
McDonald's is finally available to order for home delivery in the UK after Uber's takeaway service began orders from a handful of outlets.
McDonald's launches long-awaited home delivery trial in UK  Belfast Newsletter
You can now order McDonald's to your front door with UberEats if you ...  The Sun
Big China companies targeted over 'systemic risk'
Share and bond prices of some of China's most acquisitive private sector companies fell sharply on Thursday as the country's banking regulator ordered banks to check “the systemic risk of some large enterprises” following an overseas buying spree.
China raises heat over foreign investment  BBC News
China's Banking Regulator Seeks Details of Wanda, Fosun, HNA Loans  Bloomberg
CMA clears Standard Life-Aberdeen Asset Management merger
Britain's competition watchdog has given the green light to the �11bn merger of Standard Life and Aberdeen Asset Management. The Competition and Markets Authority (CMA) said it had decided not to refer the tie-up to an in-depth investigation.
Standard Life - Merger receives approval  Hargreaves Lansdown
UK competition watchdog clears path for Aberdeen-Standard Life merger  Telegraph.co.uk
Southern rail system in poor shape, report says amid fresh strike threat
Southern has been hit by strikes, staff shortages and other problems for more than a year. Photograph: Dominic Lipinski/PA. Southern.
Southern rail: Report into disruption is 'attack on staff'  BBC News
Southern Railway commuters face renewed driver strike threat  Sky News
Landlords cut back borrowing as higher stamp duty bites
Taxes and limits on lending to landlords are squeezing the buy-to-let end of the housing market hard, as banks and building societies predict a sharp fall in lending.
Spare landlords more tax changes, says CML  BBC News
Mortgage lending robust but buy-to-let rebound fails to appear  DIGITALLOOK
Autonomous and connected cars get set for UK road trials
Members of the UK Autodrive consortium have been demonstrating connected and autonomous vehicle technologies prior to road trials in Coventry and Milton Keynes.
Smart vehicle technology cleared to start street trials  The Business Desk
Autonomous cars get the green light for UK streets  shropshirestar.com
UK manufacturing soars thanks to weak pound and global recovery
A worker at the Brompton bicycle factory in London. The CBI's June report said British export orders were rising. Photograph: Bloomberg/Getty.
CBI UK manufacturing survey hits highest level in 29 years  Financial Times
UK industrial trend improves more than expected - CBI survey says  DIGITALLOOK