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BREAKING
7h Activist arrested after storming racecourse at Epsom Derby
14h UK ticket-holder wins £111.7m EuroMillions jackpot
11h ‘Homeless’ man found dead in Croydon car park after liver stabbing
3h This Morning editor on toxic culture claims: There are some scores being settled
14h Caroline Flack’s mother: Schofield now realises what she went through
6h Highest temperature of the year so far could be recorded on Sunday
Markets
Business

Cost-of-living crisis makes UK workers restless for new jobs

London at the forefront as new research points to pent-up demand in a tight labour market

Business

The City remains a beacon of innovation for stock listings

Moves off market show London is innovating, not dying

Business

National Express’ new name is bland and meaningless. Get used to it.

City Comment: Mobico sounds like a toy brand, but it’s probably here to stay

Business

International sales help Bentley profits approach record highs

Bentley made the state limousine that is likely to bring King Charles III around London over the Coronation weekend

Business

Shell’s £8 billion profit stokes calls for more taxes

Anglo-Dutch oil major to return £3.2 billion to investors

Business

Unilever shareholders revolt against CEO’s €5.1 million pay packet

Shareholders representing 58% of voting shares rejected the policy

Business

Changing rules won’t solve all the City’s listing problems

City Comment: Will technical tinkering persuade the next ARM to favour London over Wall Street? Probably not

Business

City braces for new rules to transform London stock market

Watchdog unveils long-awaited plans to simplify rules over raising money in London

Business

BP reports blockbuster profit but shares fall as it trims cash return

Shares in the FTSE 100 oil major fall as rate of share buybacks also eases

Business

Deutsche Bank to buy Numis for £410m to get closer to top London firms

Some jobs could be lost in the deal, but Deutsche said these losses are “not expected to be material”.

Business

Deutsche’s Numis swoop is a show of faith the City sorely needs

City comment: The £410 million takeover is intriguing. It’s also a relief.

Business

Rise in mortage lending lifts NatWest profits

Shares fall as publically owned lender leaves annual profit guidance on hold

Business

Price rises drive Unilever growth but CEO says ‘we did it responsibly’

CEO Alan Jope added that the company would rather ‘shrinkflate’ than raise prices

Business

Reckitt Benckiser appoints company insider Kris Licht as new CEO

The US-based executive will move to the UK and take up the £1.1 million top job at the end of the year

Business

Warm glow from high street amid frosty conditions

UK plc has had a quartet of huge shocks to deal with —we must hope there’s not another on the way

Business

GSK to spend £1.6 billion on Canadian maker of blockbuster cough drug

The deal is the biggest since the old GlaxoSmithKline split in two by separating its consumer products arm

Business

Britain’s biggest firms would be worth £460 billion more in New York

The London stock market, once the world’s premier index, is in danger of becoming a backwater for equities

Business

Let pension funds bet big on the London stock market

City Comment: Growth companies regard a London listing as an expensive faff

Business

Summer may still be chilly for the British economy

City Comment: Inflation and the direction of interest rates remain great unknowns, but the signs are not good

Business

Monopolies watchdog probes Amazon’s £1.4bn acquisition of Roomba maker

It is the second competition-related probe involving Amazon in two days

Business

Apollo makes £1.7 billion final offer for engineer John Wood Group

Apollo had already submitted four previous bids, which Wood’s board say “undervalue the group”

Business

JPMorgan Chase boss: banking crisis is ‘not yet over’

The CEO of America’s biggest bank said the US Federal Reserve should take some of the blame for the sector’s recent troubles

Business

Rathbones and Investec arm link in City wealth manager mega-merger

Staff will fear job cuts as CEO Paul Stockton said some kind of changes would be “inevitable”

Business

Fear of layoffs as City slowdown hits brokers large and small

Peel Hunt, Numis and WH Ireland all showed the stress they are under today