Shoppers apparently shrugged off any worries about rising prices to keep spending in April. Photograph: Luke MacGregor/Reuters. Guardian Brexit watch · Business · Guardian Brexit watch.
The UK housing market appears to be 'moving sideways' mortgage lenders have said, as latest figures show a drop in borrowing.
Petrofac has suspended its chief operating officer and barred all contact between its chief executive and external agents, as a criminal probe into suspected bribery, corruption and money laundering deepens.
Small-satellite launch company Rocket Lab said its Electron rocket made it to space but did not reach orbit in its first test flight, as the Huntington Beach firm and other small-rocket start-ups inch closer to commercial operations.
The company said Charles Rolls sold the shares due to "significant institutional demand" but its share price dropped on the news.