Money

Supermarkets waive £1.8bn business rates relief; stocks and pound rally – as it happened


Rolling coverage of the latest economic and financial news, as mid-cap stocks hit their highest level in over nine months

7.22pm GMT

Right, time to wrap up.

Here’s today’s main stories:

Related: Pound hits year high against dollar as Brexit trade deal hopes grow

Related: £1.8bn-plus in Covid rates relief to be handed back as B&M joins list

Related: Four in 10 UK food firms to cut supplies to Northern Ireland – poll

Related: More than 500,000 full electric cars sold so far this year in Europe

Related: Ryanair orders further 75 Boeing 737 Max jets worth up to £6.7bn

Related: Trust that tracks Bill Ackman hedge fund to join FTSE 100

Related: Aston Martin to hold internal inquiry after ‘sockpuppet PR firm’ row

Related: Shoppers go the extra mile for Primark’s open-all-hours trading marathon

7.00pm GMT

The pound is falling back from its earlier one-year high against the US dollar, following some less-than-optimistic tweets:

Sounds like Brexit talks have gone worse this afternoon…
A senior govt source says ‘at the eleventh hour, the EU is bringing new elements into the negotiation. A breakthrough is still possible in the next few days but that prospect is receding.’

BREXIT – EU NEGOTIATOR BARNIER TO RETURN TO BRUSSELS FRIDAY AFTERNOON, SAYS SKY NEWS DEPUTY POLITICAL EDITOR

READ  The doctor who invented 18 medical devices

Continue reading…



READ SOURCE

Leave a Reply

This website uses cookies. By continuing to use this site, you accept our use of cookies.