Lombard – Ryanair Holdings (RYA) pays price for making take-off optional. The airline’s profit warning reflects its move away from low-cost carrier status.
Investors take fright at Royal Mail (RMG) profit warning. UK postal service cites missed productivity and cost-saving targets
Tesco (TSCO) – Tesco Bank fined £16.4m by FCA over cyber attack. Weak defences left customers vulnerable to ‘largely avoidable’ attack in 2016.
Sage Group (SGE) softens focus on growth in bid to boost morale. Tech company abandons process of ranking staff by performance to help rebuild confidence
BT Group (BT.A) completes Ofcom-mandated staff transfer to Openreach. Move of 31,000 workers marks final stage in splitting off the network business