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U.K. markets news

Rathbones and Smith & Williamson in �55bn merger talks
Rathbones and Smith & Williamson are in merger talks in a deal that would create a �55 billion wealth giant. The deal would value the combined company at �2 billion with Rathbones, which has �36 billion of assets under management (AUM), the dominant ...
FTSE 250 firm Rathbones is in merger talks with Smith & Williamson  City A.M.
UK's Rathbone Brothers says in merger talks with Smith & Williamson  Times of India
Sky News  
French fighter jet 'tracks' Jet2 flight on route to Birmingham
A passenger on board a plane flying from Spain to Birmingham has told of the "terrifying" moment holidaymakers realised their aircraft was being shadowed by a French fighter jet.
Jet2 asks French why flight was apparently tracked  Daily Mail
Second-home ownership up 30% since 2000, research finds
St Ives, Cornwall, where residents voted in 2016 to limit new home planning permission for full-time residents. Photograph: Matt Cardy/Getty Images.
British property divide revealed as over five MILLION own second homes ...  Mirror.co.uk
One in ten British adults now a second-home owner  Telegraph.co.uk
McDonald's employees vote to strike over pay and zero-hours concerns
Employees at restaurants in Cambridge and one near London have backed strike action. Photograph: Kenzo Tribouillard/AFP/Getty Images.
McDonald's workers in the UK set to strike for first time ever  Metro
McDonald's faces its first strike in the UK with workers pushing for ...  City A.M.
Now that's worth toasting! Discount supermarket Lidl is selling own brand ...
A deal offered by discount supermarket chain Lidl over August Bank Holiday weekend has gone viral. The shop is selling its own brand Allini Prosecco for �20 a case, which works out at just �3.33 a bottle.
This Lidl offer means you can get your bank holiday Prosecco for just �3.33 ...  The Sun
Lidl offer goes VIRAL: Allini Prosecco six bottles for �20 for August bank ...  Express.co.uk
South Western rail franchise: Clash with union over second person on trains
The new South Western rail franchise holder has been criticised by a union for allegedly refusing to guarantee a second staff member on board its forthcoming trains.
South Western franchise passes from South West Trains (Stagecoach) to new ...  Dorset Echo
Rail operator on track to take over franchise  Alton Herald
Weaker sterling attracts record number of foreign tourists to UK
Tourists watch the changing of the guard at Buckingham Palace in London. Photograph: John Stillwell/PA. Travel & leisure. Weaker sterling attracts record number of foreign tourists to UK.
UK tourism sector booms as sterling falls  BBC News
Weak pound helps boost UK tourist numbers  Sky News
Week Ahead On Wall Street: Central Bankers Descend On Jackson Hole, Whole ...
The Fed's Stanley Fischer and Janet Yellen at Jackson Hole last year. (Photo credit: David Paul Morris/Bloomberg). Central bankers from around the world, including Janet Yellen and Mario Draghi, are gathering in Jackson Hole this week to discuss all ...
Is The Dollar's August Consolidation Drawing To A Close?  Seeking Alpha
Jackson Hole could hold the secret to upcoming rate rises  Sky News
Northern, Southern and Merseyrail strikes set for September
Further England-wide rail strikes have been set for next month in the row over driver-only-operated trains. Arriva Rail North, Merseyrail and Southern RMT staff will walk out from Friday 1 September with the last strike on Monday 4 September.
Southern, Arriva Rail North and Merseyrail workers announce new strike dates  Belfast Telegraph
Fresh wave of rail strikes planned for start of September  Sky News
It's become almost impossible to figure out what Tesla is actually worth
Generally speaking, investors want a precise assessment of what the companies they invest in are worth. Valuation is both art and science, of course, as there's never a guarantee that a company will perform better in the future than it has in the past.
An electric-car boom? Parts makers doubt it  The Straits Times
Tesla workers and the Model 3: To hell and back again  TheRecord.com