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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
Expensive and high risk: Watchdog's damning verdict on decision to ...  Daily Mail
BBC News  
Brexit and the UK economy one year on
Before last year's Brexit vote, there were warnings from many economists that the UK would suffer a catastrophic economic shock and be catapulted into recession by a Leave vote.
One year on from Brexit vote: business's winners and losers  The Guardian
One year on: BT PLC, Royal Mail Group PLC and ITV PLC among worst-hit FTSE ...  Proactive Investors UK
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
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
China probe shines light on top dealmakers
An unprecedented overseas deal spree has seen Chinese companies gobble up everything from New York's Waldorf Astoria Hotel to US cinema chain AMC Entertainment, theatre production group Cirque du Soleil and a near 10 per cent stake in Germany's ...
Beijing investigates top Chinese foreign deal-makers  The Australian
Chinese banking watchdog probes 'systemic risks' of debt-fuelled ...  Telegraph.co.uk
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
Southern rail: Report into disruption is 'attack on staff'
A long-awaited report into the troubled Southern rail franchise has blamed the unions for widespread disruption - but the RMT and Aslef have slammed it as "an attack on staff".
Southern tried to run too many trains on poor infrastructure: report  The Guardian
Southern Rail responds after a disruptive week of train cancellations and delays  Croydon Guardian
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.
Big banks survive their first hurdle in Federal Reserve stress test  Washington Post
Biggest US banks clear first hurdle in Fed's annual stress tests  Reuters
Ian McConnell: Bank on horns of a dilemma on interest rates amid Tory Brexit chaos
SINCE the Brexit vote a year ago today, there has been an inevitability the Bank of England would find itself on the horns of an interest-rate dilemma.
Kristin Forbes: signs UK 'behind the curve' on rate rises as Bank of ...  Telegraph.co.uk
Haldane's UK rates intervention likely to raise tensions with Carney  Financial 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