London stocks fell sharply at the start of the week as the pound rallied on the back of a draft Brexit deal, with traders also looking ahead to a week that included monetary policy meetings at the US Federal Reserve and the Bank of England.
BT Group will close its defined benefits pension scheme after reaching an agreement with the Communication Workers Union (CWU) on Monday to secure pension arrangements for 20,000 employees.
Markets in Asia finished mixed on Monday, with Japanese stocks underperforming their regional peers after a strong performance from the yen, and amid a political scandal in the country.
London stocks fell further into the red by midday on Monday as the pound rallied on the back of a draft Brexit deal, with traders also looking ahead to a week ahead that includes monetary policy meetings for the US Federal Reserve and the Bank of England.
The Financial Reporting Council (FRC) announced on Monday that it has begun an investigation into Carillion's former group finance directors Richard Adam and Zafar Khan.
Independent charities network Citizens Advice has called for people utilising high-interest “doorstep loans” to be provided with the same level of protection as those with payday loans in order to be spared millions of pounds of excess fees and charges per year.
A two year Brexit transition deal has been agreed by negotiators from Britain and the European Union, according to reports.
Aerospace engineering giant Rolls Royce has entered into an agreement with UK company Superdielectrics to develop materials that challenge the dominance of traditional batteries.
London stocks fell on Monday as investors looked ahead to a busy week that includes the latest policy announcements from the Federal Reserve and the Bank of England.
Average asking prices paid by first- and second-time buyers in Britain hit records levels this month, although overall prices in the capital fell, according to data released by Rightmove on Monday.