Foxtons, which is opening seven branches this year, said it would open fewer next year if the downturn persists. Photograph: Alicia Canter for the Guardian.
The �79bn takeover of SABMiller by AB InBev could be blocked by as few as 15pc of the FTSE 100 brewer's shareholders, after its board agreed to give public investors their own vote on the controversial deal.
The board of Monte dei Paschi di Siena is set to approve a privately funded €5bn recapitalisation of the Italian lender led by JPMorgan as it seeks to stave off its bail-in under new European bank rules.
BRUSSELS U.S. cable group Liberty Global and UK telecoms firm Vodafone are set to win EU antitrust approval for their plan to merge their Dutch operations after offering minor concessions, two people familiar with the matter said on Friday.
A man passes the Swiss RE building (known as the Gherkin) in the City of London. Photograph: Luke Macgregor/REUTERS. Graeme Wearden (until 2pm) and Nick Fletcher.