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U.K. markets news

Monarch holidays protection extended
Budget airline Monarch has received a temporary extension to its licence to sell package holidays. The company also said it had secured additional funds from shareholders and was close to announcing its biggest ever investment.
Crisis-hit Monarch Airlines given 12 days to secure multi-million pound lifeline  The Sun
Monarch Airlines gets 12 more days to prove it is a going concern  The Independent
The Guardian  
FTSE CLOSE: Footsie makes modest loss as order is restored following this ...
17.25: The FTSE 100 closed down 20.09 points at 6899.33 as traders realised that fears a mammoth US fine on Deutsche would topple the European banking system were a little overdone.
Would a Deutsche Bank Collapse Impact Bitcoin Prices?  CoinDesk
Deutsche Bank pressure eases as US fine looks smaller  Daily Mail
Brexit is a 'once-in-a-generation' chance to restore our green and pleasant ...
Brexit will be a “once-in-a-generation chance” to reverse the huge decline in Britain's wildlife, according to four of the UK's leading environmental groups.
Eu farming subsidies 'should be replaced with policies that help nature'  Daily Mail
Wildlife groups say farm subsidies must go  Yorkshire Post
Children of the 80s are only half as wealthy as those born in the 70s
Young adults today are the first generation born since the Second World War to earn less than those born in the decade before them.
Born in early 80s? Then you're half as wealthy as 1970s' children ...  The Guardian
IFS warns councils could be hit with business rate appeals  Public Finance
Third of UK stamp duty comes from �1m-plus homes
Homes costing more than �1m accounted for more than a third of the �7.3bn paid in stamp duty last year, after reforms increased the tax on expensive properties.
Stamp duty revenue up by �340m in London  The Guardian
Treasury's coffers down as Osborne's stamp duty reforms hit receipts
Income is surpassing growth in 49 states. What does that mean for the economy?
The sharp gain in median household income last year may also signal a turning point in the decades-old disconnect between middle-class earnings and overall economic growth.
Italy: Can Reforms Lift Growth Prospects?  EconoMonitor (blog)
Pound rallies on UK second quarter GDP revision  International Business Times UK
UK services sector defies gloomy expectations as GDP grows by 0.7%
Data from 23,000 firms suggest services sector grew strongly in July. Photograph: Felix Clay for the Guardian. Katie Allen and Angela Monaghan.
UK service sector grows despite Brexit fears  Financial Times
Services sector output 'grew strongly' in July despite Brexit vote  Bournemouth Echo
British bid kicked out of National Grid race
A British-backed consortium is out of the �11bn pipelines auction even as scrutiny of foreign ownership grows, Sky News learns. 21:11, UK, Friday 30 September 2016.
Ofgem approves transfer of National Grid gas transport license to subsidiary  Daily Mail
Road closures finish early as essential National Grid repairs near end  getwestlondon
World trade leaders dread a Trump presidency
GENEVA - Donald Trump has officials in this world capital of trade running scared. Faced with the prospect of a U.S. president who pledges to rip up trade agreements, slap tariffs on allies and pull out of the World Trade Organization, top trade ...
Collapsing Global Trade Growth Foreshadows Crash  ValueWalk
US Election | Cooling to global trade  Coutts
Theresa May eyes centre stage with review of 'gig economy'
Theresa May has hired Tony Blair's former policy chief to look at how to extend workers' rights in the so-called “gig economy”, in an eye-catching attempt to show she is serious about moving her ruling Conservatives to the centre ground.
Blair's ex-policy chief to lead employment practices review  Daily Mail
PM Theresa May pledges to protect workers' rights for those 'just ...  The Sun