Ratings agency Standard and Poor's has cut its credit grade for the European Union after the UK's Brexit vote. S&P said the cut from AA+ to AA came after reassessment "of cohesion within the EU, which we now consider to be a neutral rather than positive".
Building a second runway at Gatwick Airport would be "the biggest destruction of British heritage since the Blitz", campaigners have said.
BEIJING, July 1 (Reuters) - Growth in China's manufacturing sector stalled in June, an official survey showed on Friday, adding to expectations that Beijing will have to roll out more stimulus soon to boost the sluggish economy.
In what can be considered a shot across the bows of the BBC, News Corp's UK and Ireland arm is to acquire radio-focused media group Wireless in a deal worth approximately �220.3 million, representing a premium of approximately 70.3 per cent.
Oil and gas engineering services giant Wood Group has maintained its full year guidance earnings to be down around 20 per cent on last year.