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U.K. markets news

Spending watchdog condemns 'risky and expensive' Hinkley Point
The construction site for Hinkley Point C near Bridgwater, Somerset. Critics say the report vindicates their claims the project is too expensive.
Hinkley nuclear deal is 'high cost and risky', says spending watchdog  Telegraph.co.uk
Auditors lambast Hinkley Point deal  BBC News
The Independent  
McDonald's launches delivery trial amid industry pressure
The launch comes with McDonald's under increasing pressure from other food delivery services, such as Deliveroo and Just Eat. 14:21, UK, Thursday 22 June 2017.
McDonald's is offering delivery through Uber Eats, but will a McFlurry ...  BT.com
McDonald's launches home delivery in the UK after tie-up with Uber  Telegraph.co.uk
Sterling weakness strengthens case for UK rate rise: BoE's Forbes
FILE PHOTO: An employee is seen walking over a mosaic of pound sterling symbols set in the floor of the front hall of the Bank of England in London, March 25, 2008.
RBI is an overcautious central bank; here is why it can hurt growth  Financial Express
British farmers warn loss of EU workers will see strawberry prices soar
British fruit producers say labour shortages are now at their worst level since 2004. Photograph: David Wootton/Alamy. Food & drink industry.
Brexit: Get ready for the Strawberry Tax  The Independent
Brexit could make you pay more for your strawberries  Norfolk Eastern Daily Press
Southern tried to run too many trains on poor infrastructure: report
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
Go-Ahead Group rattled by Southern trains troubles  Financial Times
Qatar Airways seeks 10% stake in American Airlines amid Middle East dispute
State-owned Qatar Airways has made an offer to buy a 10% stake in American Airlines, the Fort Worth-based carrier that has been a vocal critic of Qatar and other Middle Eastern airlines.
American Airlines pushes back on Qatar Airways plan to buy stake  Reuters
Qatar Airways seeks to buy 10 percent of American Airlines  Press Herald
Chinese banking watchdog probes 'systemic risks' of debt-fuelled empire builders
Fears of a clampdown on China's swashbuckling corporate empire builders are mounting after authorities in Beijing began gathering financial intelligence on big-spending conglomerates.
Beijing investigates top Chinese foreign deal-makers  The Australian
China probe shines light on top dealmakers  Financial Times
Food Standards Scotland issue warning over North-east firm's flavoured water
Food Standards Scotland is investigating the company, which manufacture goods in Macduff, after some customers complained about the smell and taste of the water.
Health warning issued as “precaution” over north-east water firm  Press and Journal
Fed: US banks have money for crisis
The 34 largest banks in the US have money on hand to withstand a severe recession, the US central bank said on Thursday. The finding comes from an annual "stress test" conducted by the Federal Reserve.
Biggest US banks clear first hurdle in Fed's annual stress tests  Reuters
Biggest US banks are strong enough to weather a recession, Fed stress test finds  Los Angeles Times
Crossrail: See inside the new Elizabeth line train on its first passenger journey
After more than ten years in the making, today passengers stepped onto the state of the art Elizabeth line trains for the first time.
First passengers travel on Elizabeth line train ahead of Crossrail launch  Sky News
London Mayor 'delighted' with London's new state of the art ...  getwestlondon