|Bid||591.00 x 0|
|Ask||593.10 x 0|
|Day's range||591.00 - 615.00|
|52-week range||554.00 - 775.00|
|PE ratio (TTM)||15.51|
|Forward Dividend & Yield||N/A (N/A)|
|1y target est||N/A|
The Bank of England has come under fire for a lack of diversity in top positions - and an influential group of MPs (BSE: MPSLTD.BO - news) may summon the Chancellor for a grilling over their concerns. Just one woman currently sits on the Bank's rate-setting Monetary Policy Committee (MPC), whose members are appointed by the Treasury. Nicky Morgan, chair of the Treasury Select Committee, has now written to Philip Hammond asking for evidence that enough is being done to encourage gender and ethnic diversity in recruitment.
Amazon and eBay have defended themselves as a report by MPs (BSE: MPSLTD.BO - news) accuses online marketplaces of profiting from VAT evasion. The Public Accounts Committee was particularly scathing of the taxman, saying HM Revenue & Customs (HMRC) had failed to get to grips with the scale of fraud, carried out by non-EU sellers on such sites. Its report said the traders' fast-growing and "illegal" practice of failing to charge customers VAT on goods housed in the UK was anti-competitive as it allowed them to undercut rivals by at least the 20% tax rate - putting UK retail staff out of their jobs.
Crown is accused of rigging machines to work in its favour while the whistleblowers also said staff were encouraged to use different ID cards for certain transactions to avoid the scrutiny of Australia's ...
Inflation rose to 3% in September, its highest level in more than five years, the Office for National Statistics (ONS) said. The Consumer Prices Index (CPI) measure of inflation rose from 2.9% in August thanks partly to higher food prices - adding to the squeeze on households as pay growth lags behind. It is the first time CPI inflation has reached 3% since April 2012.
Philip Hammond will restructure the tax system to make older people pay more and younger people pay less, it has been reported. The Chancellor is expected to link taxation to age for the first time in next month's Budget as part of an attempt to promote "intergenerational fairness", according to The Daily Telegraph. The Telegraph says tax breaks will be offered to workers in their 20s and 30s, and that will be paid for by cutting tax relief enjoyed by older and wealthier workers.
A Tory MP has voiced his support for the Chancellor after Philip Hammond described Brussels as "the enemy" in Brexit negotiations. Sir Bill Cash, MP for Stone, told Sky News: "I don't think that language is being used for the purposes of trying to enhance reputations. "I think it's actually a sense of frustration because everybody know that there's a war of attrition going on and every single time we re-open the negotiations, they come back and you hear (European Commission President Jean-Claude) Juncker saying there isn't sufficient progress.
The Chancellor has risked opening a major rift with Europe after describing Brussels as "the enemy" in the Brexit negotiations. Philip Hammond told Sky News that he understood emotions in the Government were running high, but urged his colleagues to stop squabbling and focus on the Brexit talks. The provocative language is a major departure for the Chancellor, who has hitherto been regarded by his European counterparts as one of the most moderate, collaborative participants in the Brexit talks.
The head of Britain's financial watchdog has admitted he met with Saudi Aramco over a potential £1.5tn stock market flotation in London. Andrew Bailey, chief executive of the Financial Conduct Authority (FCA), held the talks before publishing heavily criticised rule changes that could attract a multi-trillion pound listing from the oil giant. MPs (BSE: MPSLTD.BO - news) and big-hitting City institutions have expressed concerns about the proposals, which would exempt state-controlled companies from stringent rules that apply to other "premium" firms.
The head of Britain's financial watchdog has admitted he met with Saudi Aramco over a potential £1.5tn stock market flotation in London. Andrew Bailey, chief executive of the Financial Conduct Authority (FCA), held the talks before publishing heavily criticised rule changes that could attract a multi-trillion pound listing from the oil giant. MPs (BSE: MPSLTD.BO - news) and big-hitting institutions have expressed concerns about the proposals, which would exempt state-controlled companies from stringent rules that apply to other "premium" firms.
The Prime Minister's cap on energy prices to protect households from rip-off bills will be a "temporary measure", it has been revealed. In a statement to financial markets, ministers revealed their plans for a draft law to cap energy prices for those on a standard variable tariff and other default tariffs. If passed, the proposed legislation would force regulator Ofgem to impose an "absolute cap" as soon as possible.
A law to protect consumers from rip-offs by energy companies - promised by Theresa May in her ill-fated Tory conference speech - is being unveiled in the Commons. The legislation is aimed at cutting bills for households on a standard variable tariff, which critics claim penalises loyal customers who stay with one supplier rather than shop around.
Chancellor Philip Hammond has warned it is "theoretically conceivable" flights to Europe from the UK could be grounded if Britain leaves the EU without a Brexit deal. Appearing before MPs (BSE: MPSLTD.BO - news) at the House of Commons' Treasury Select Committee on Wednesday, Mr Hammond raised the prospect of no air traffic agreement being struck if Brexit talks collapse - although he suggested "mutual self-interest" would see flights continue. "It is theoretically conceivable in a no-deal scenario there will be no air traffic moving between the UK and EU on 29 March, 2019," the Chancellor said.
Britain's consumers and businesses are holding back from spending owing to uncertainty surrounding Brexit negotiations, the country's finance minister said
Business Secretary Greg Clark has criticised Boeing (NYSE: BA - news) for its "totally unjustified" action against Bombardier (Toronto: BBD-A.TO - news) , in a trade dispute that threatens thousands of jobs in Northern Ireland. The dispute between the two rivals centres around claims from US firm Boeing that Bombardier received unfair state subsidies from the UK and Canada, allowing it to sell airliners at below-cost prices in the US. Speaking to MPs (BSE: MPSLTD.BO - news) , Mr Clark described the tariff decisions as "bitterly disappointing" but stressed they were "only the first step in the process", with a final ruling due in February.
The managing director of Deliveroo in the UK has told MPs (BSE: MPSLTD.BO - news) that bolstering the employment rights of its riders would add about £1 to each food order. Dan Warne made his comments while giving evidence to the Business, Energy & Industrial Strategy (BEIS) Committee, which has been examining working practices in the "gig economy", where workers have no fixed hours or contract. Uber's head of policy in the UK, Andrew Byrne, also gave evidence - and warned National Insurance contributions alone would add tens of millions of pounds to the ride-hailing app's costs.
The latest Brexit papers will pave the way for the UK to operate as an "independent trading nation", Theresa May has said. The documents on post-Brexit trade and customs arrangements were published as the Prime Minister told MPs (BSE: MPSLTD.BO - news) that "real and tangible progress" had been made in the negotiations since her high-profile Florence speech . Labour leader Jeremy Corbyn was dismissive about the Prime Minister's latest update, telling MPs that "no real progress" had been made, 16 months on from the Brexit vote.
Ministers are to consider reforms which will mean failed airlines such as Monarch can "wind down in an orderly manner", Transport Secretary Chris Grayling has told MPs (BSE: MPSLTD.BO - news) . Mr Grayling said 80,000 people had now been brought back to the UK in the operation, which has been organised by the Civil Aviation Authority (CAA). The airline's collapse also saw 750,000 who had yet to travel lose their bookings.
The Prime Minister will tell MPs (BSE: MPSLTD.BO - news) that the "ball is in the EU's court" when she updates them on the progress of Brexit negotiations. Theresa May will call for the European Union to be flexible in its approach and will promise the UK can get a deal that will prove anti-Brexit "doomsayers" wrong. It comes as the fifth round of Brexit talks between UK and EU negotiators get under way.
British Prime Minister Theresa May is to meet business chiefs in a bid to reassure them that the Brexit process is on track, following a bruising week for her leadership
The pound has slipped to a one-month low against the US dollar after rumblings of a plot by MPs (BSE: MPSLTD.BO - news) to unseat Theresa May burst into the open. The latest fall came after former Tory party chairman Grant Shapps called on Mrs May to resign - and said that 30 MPs and "one or two" Cabinet ministers agreed.
Lord Hutton, the former Labour minister, is being lined up to head the energy industry’s biggest lobbying group amid growing pressure on Theresa May to impose an industry-wide price cap on gas and electricity companies. Sky News has learnt that the Labour peer, whose Cabinet roles included responsibility for the energy sector a decade ago, has been picked by the board of Energy UK to become its next chairman. An announcement about Lord Hutton's appointment could be made as soon as this week, according to an industry source.
Boeing (NYSE: BA - news) 's dispute with a rival aerospace firm that threatens thousands of jobs in Northern Ireland is "unjustified" and "damaging", the British Government has said. The US has hit Canadian firm Bombardier (Toronto: BBD-A.TO - news) with a punitive import duty of nearly 220% on a new model of passenger jet, the wings for which are made in Northern Ireland. Bombardier, which employs more than 4,000 people in Belfast and contributes an estimated £400m to the Northern Ireland economy, said the C-Series jet was "critical" to its operations there.
Deliveroo, the restaurant delivery app that is one of the most prominent members of Britain's 'gig economy', has snapped up £285m in new funding from two US-headquartered fund management giants. Sky News can exclusively reveal that Fidelity and T Rowe Price have agreed to invest in the UK-based technology start-up as part of a deal valuing it at $2bn (£1.48bn). The two fund managers are investing in Deliveroo as part of a $385m fundraising that could be announced as soon as next week.