Quantum technology, which takes advantage of the strange behaviour of materials on an extremely small scale, will receive �270m government funding in Thursday's Autumn Statement.
Hewlett-Packard's 20,000 UK staff face uncertainty in the run-up to Christmas after the US giant announced yet more job cuts. In a move described as a 'hammer blow to the UK's IT sector,' HP announced that more than 1,000 jobs are at risk.
The UK government is expected to sell its 40 per cent stake in the Eurostar rail service under a new infrastructure spending plan.
Shares in Standard Chartered slumped on Wednesday as the lender braced the markets for its first fall in profits for a decade. Investors were spooked by the profits warning, sending shares down more than 6 per cent to 1338.5p.
A battle in the Channel over who can run ferry services between Dover and Calais is set to go into judicial extra time after a tribunal ruled that a new entrant could continue to run services - for now.