|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||548.25 - 553.00|
|52-week range||495.10 - 716.35|
|PE ratio (TTM)||14.54|
|Forward dividend & yield||24.00 (4.43%)|
|1y target est||N/A|
Theresa May will throw down the gauntlet to Brussels by demanding the EU "evolve their position" on Brexit, while declaring MPs (BSE: MPSLTD.BO - news) will veto the bloc's proposed Irish border solution. Delivering a speech in Belfast, the prime minister will spell out how the EU's plan for an Irish border backstop deal is in breach of the 1998 Good Friday Agreement. Brussels has proposed, in the event no other solution is found to avoid a hard border on the island of Ireland (Other OTC: IRLD - news) , that Northern Ireland effectively remain in the EU's single market and customs union.
New Brexit Secretary Dominic Raab has called for "renewed energy, vigour and vim" in negotiations with the EU, as he made his first trip to Brussels since taking on the role. Greeting EU chief negotiator Michel Barnier for the latest round of talks over the UK's exit from the bloc, Mr Raab hailed "a lot of progress" on divorce matters. Despite the document having infuriated Conservative Brexiteers and prompted a round of resignations from Theresa May's government, including former Brexit secretary David Davis, Mr Raab told Mr Barnier: "I'm looking forward to with renewed energy, vigour and vim looking at the detail of all of this.
EU member states have been told to step up their preparations for a possible "no deal" Brexit. The European Commission said "everyone must now step up plans for all scenarios and take responsibility for their specific situation", including businesses and citizens, ahead of Britain's official exit day of 29 March 2019. It warns of the possibility of long queues at borders and ports, disruption to air travel and new restrictions on data transfers if no exit deal is agreed between London and Brussels - something that is also sometimes referred to as a "cliff-edge" Brexit.
Mark Carney has warned of "big" consequences for the economy under a "no deal" Brexit scenario, saying people in the UK will be worse off and bankers sitting "idle". The governor of the Bank of England made his remarks while giving evidence to a committee of MPs (BSE: MPSLTD.BO - news) at the Farnborough International Airshow - the first outing outside Westminster for a Treasury committee hearing. Mr Carney, and colleagues on the Bank's financial policy committee, were being questioned about its recent financial stability report , which hit out at the EU's Brexit preparations.
Political concerns overshadowed the second day of the Farnborough International Airshow as business leaders and politicians alike expressed concerns about the government's ability to get its Brexit proposals through the House of Commons. Following a successful first day at the event, during which a record $46.2bn (£35bn) worth of deals were announced, there was anxiety that a deal on frictionless goods trade between Britain and the EU post-Brexit - the key element in the Chequers Agreement that forms the basis of the government's Brexit white paper - may be in jeopardy. Carolyn Fairbairn, director-general of the CBI, said MPs (BSE: MPSLTD.BO - news) needed to "calm down" so that clear heads would prevail.
Mark Carney has warned of "big" consequences for the economy under a "no deal" Brexit scenario, saying people in the UK will be worse off. The governor of the Bank of England made his remarks while giving evidence to a committee of MPs (BSE: MPSLTD.BO - news) at the Farnborough International Airshow - the first outing outside Westminster for a Treasury committee hearing. Mr Carney, and colleagues on the Bank's financial policy committee, were being questioned about its recent financial stability report , which hit out at the EU's Brexit preparations.
Mark Carney has warned of "big" consequences for the UK economy under a no-deal Brexit scenario, saying UK people would be worse off. The governor of the Bank of England made his remarks while giving evidence to a committee of MPs (BSE: MPSLTD.BO - news) at the Farnborough International Airshow - the first outing outside Westminster for a Treasury Committee hearing. Mr Carney, and colleagues on the Bank's Financial Policy Committee, were being questioned about its recent Financial Stability Report which hit out at the EU's Brexit preparations.
Donald Trump has warned Theresa May her Brexit blueprint will "kill" hopes of any future trade deal with the US. The comments from Mr Trump will send shockwaves through Westminster - and emerged as the prime minister hosted him at a lavish banquet at Blenheim Palace , the birthplace of Sir Winston Churchill. Mr Trump hit out at the PM's handling of the Brexit negotiations, claiming he "would have done it much differently".
The trustees of the Presidents Club were in breach of "key charity law duties" when they hosted a black tie event at The Dorchester Hotel, a report has concluded. The controversial Presidents Club event saw women, hired through an agency, told to wear black underwear and "sexy" black shoes to work as hostesses for their shift. The Presidents Club scrapped all planned events after the video footage and report emerged, and said it would distribute money raised among various charities.
The City grandee who leads RSA, the FTSE-100 insurer, is being lined up as the next chairman of J Sainsbury (Other OTC: JSAIY - news) , as it tries to steer through a £15bn merger with Asda to create Britain’s biggest food retailer. Sky News has learnt that Martin Scicluna, a veteran of blue-chip boardrooms, has been picked to succeed David Tyler. An announcement about the appointment of Mr Tyler's successor could be made as early as Wednesday, when Sainsbury (Amsterdam: SJ6.AS - news) 's holds its annual meeting in London, according to people close to the company.
Customers of TSB have taken to social media to complain about being locked out of their bank accounts. Digital banking customers were hit by a glitch on Tuesday - just over two months since a botched IT migration left the bank's systems in chaos for weeks, with TSB still working to bolster their resilience. One Twitter user, Conleth Overton, tweeted the chief executive of TSB Paul Pester to tell him the online banking service was down.
It was unclear on Monday whether British lawmakers in Prime Minister Theresa May's Conservative Party had the numbers to trigger a confidence vote, political editors said on Monday. A leadership challenge can be triggered if 15 percent of members of parliament in May's Conservative Party write a letter to the chairman of the party's so-called "1922 committee". The Conservatives currently have 316 members of parliament (MPs (BSE: MPSLTD.BO - news) ) so 48 would need to write such letters to challenge May.
Members of Theresa May's Conservative Party might have secured the backing of enough members to trigger a confidence vote in the prime minister, the BBC political editor Laura Kuenssberg said on Monday, after two of her most senior ministers quit. "Whispers Tory MPs have reached the magic number of the 48 letters required to force a confidence vote - no way of knowing yet if true - meeting at 1730," Kuenssberg said on Twitter (Frankfurt: A1W6XZ - news) . A leadership challenge can be triggered if 15 percent of members of parliament in May's Conservative Party write a letter to the chairman of the party's so-called "1922 committee".
David Davis - the minister at the forefront of negotiations with the EU - has resigned as Brexit secretary. "The general direction of policy will leave us in at best a weak negotiating position, and possibly an inescapable one," Mr Davis writes in his resignation letter. It comes as Theresa May contends with a backlash against the new plans for Britain's future relationship with the European Union.
The Government's overriding priority for outsourcing is spending as little money as possible while forcing contractors to take unacceptable levels of financial risk, the Commons public administration select committee said. As a result of the government's preoccupation with cost, MPs found that the government has had to renegotiate over £120m of contracts since the beginning of 2016 to ensure public services would continue.
The Co-op Group has made an audacious knockdown bid to take over Costcutter, one of Britain's biggest independent grocery retailers, amid an accelerating shake-up of the food industry. Sky News has learnt that the Co-op, which has been revived after nearly collapsing five years ago, approached Costcutter's owner, Bibby Line Group, with a £15m offer several weeks ago. The bid was rejected, but Bibby Line is understood to have left the door open to further talks.
Friends of David Cameron have denied suggestions he agrees with Boris Johnson that Theresa May's vision for Britain's future relationship with the European Union is "the worst of both worlds". The former prime minister and Mr Johnson met on Thursday evening ahead of a key Brexit summit, in what was understood to have been a long-standing catch-up in which a number of issues were discussed. A source earlier told Sky News that Mr Cameron - who was spotted enjoying himself at Wimbledon on Friday - agreed with the foreign secretary that the plan put forward by Mrs May is the "worst of both worlds".
Theresa May has gathered her top team at her country retreat of Chequers for a crucial day of talks on Brexit. The prime minister and her cabinet need to agree on what they want Britain's post-Brexit relationship with the European Union to look like.
Boris Johnson met David Cameron on the eve of a key Brexit summit, with the pair agreeing Theresa May's vision for Britain's future relationship with the European Union was "the worst of both worlds". A source has confirmed to Sky News that the foreign secretary and former prime minister - who were on opposite sides of the EU referendum campaign - held talks. Sky News understands the meeting was a long-standing catchup, during which a number of issues were discussed.
A new body that would police the directors of major companies and have powers to recommend that they be 'struck off' should be established to help rebuild public trust in business, the bosses' union has told MPs (BSE: MPSLTD.BO - news) . Sky News has obtained a submission drawn up by the Institute of Directors (IoD) in response to a report by two parliamentary select committees about the collapse of Carillion (Frankfurt: 924047 - news) . In the document, which is due to be published on Friday, the IoD calls for the creation of a code of conduct for directors, which board members of companies above an unspecified threshold would be required to sign up to.
David Davis has told Theresa May that her plan to try and bring her warring cabinet together on Brexit is "unworkable", according to a report. On the eve of a crunch meeting of ministers intended to agree a united front on Britain's EU exit, the Brexit secretary has reportedly written to the prime minister and set out his opposition to her so-called "third way" on customs. Mrs May came up with the plan in a bid to solve the thorny issue of Britain's post-Brexit customs system, after two previous options provoked opposition from different factions of her top team.
Sainsbury (Amsterdam: SJ6.AS - news) 's has reported a slowdown in sales growth but says it has the "right strategy in place" in a competitive market. The country's second-largest supermarket chain said like-for-like sales were up 0.2% in its first quarter to the end of June. There has already been evidence of a boost to the grocery sector from the Royal Wedding in May and hot early summer weather following a torrid period for the high street particularly.
The government plans to lift its fuel and alcohol duty freezes to boost NHS funding, according to senior government sources. Theresa May and Chancellor Philip Hammond want to scrap the duty freezes in an effort to find £20bn of extra investment for the health service a year by 2023 - a promise made by Theresa May last month as a "70th birthday present" for the NHS. Fuel duty, which has been frozen for eight years, could raise £800m more for the Treasury next year when linked to inflation, sources told The Guardian.
Facebook (NasdaqGS: FB - news) gave 61 businesses including Nike (Sao Paolo: NIKE34.SA - news) , Spotify, and delivery firm UPS special access to its users' data, it has emerged. The revelation about the extended access was made in a written submission the company filed to US Congress as part of an inquiry into how it handles data. It contradicts the company's previous statements that data sharing had been closed down in 2014.
The Treasury and Bank of England have been asked to draw up analysis of the impact of any Brexit deal struck with the UK. The Commons Treasury select committee said it had also requested research from the Financial Conduct Authority on the potential impact of the withdrawal agreement and future framework. Treasury committee chairwoman Nicky Morgan said MPs (BSE: MPSLTD.BO - news) should be "properly informed" before the promised parliamentary vote on the deal.