The maker of Pratt & Whitney jet engines UTC agrees to buy airline parts maker Rockwell Collins.
Weakness in sterling having positive effect on manufacturers as goods made in Britain become cheaper for buyers overseas
British manufacturers and retailers are reporting an upswing in sales, despite fears Brexit could hamper future growth, as the weak pound bolsters exports abroad and consumer spending at home.
Retail sales increased by 1.3% on a like-for-like basis last month from August 2016, when they fell 0.9%, according to the British Retail Consortium. Meanwhile the EEF manufacturers’ organisation said there was rising demand for goods made in Britain from Europe and the rest of the world.
US wants the ‘strongest sanctions’ yet imposed on North Korea to ‘resolve this problem through diplomacy’
Chinese regulators make it illegal to raise funds by offering digital currencies.
Central bank policy and the economy continuing to mainly drive markets, not politics