Woodford Patient Capital Trust (WPCT) breaches debt cap after asset writedown. Value of cold fusion developer Industrial Heat cut because of ‘delay in operational progress’
British Airways group to buy Air Europa for €1bn. Ryanair Holdings (RYA) attacks acquisition by International Consolidated Airlines Group SA (CDI) (IAG) as a ‘bad deal from a competition point of view’
Mothercare (MTC) to put UK unit in administration. Baby products group hit by intense competition from supermarkets and online retailers
Ryanair Holdings (RYA) warns risk ‘rising’ of more 737 Max delays. Low-cost carrier’s shares rise as investors anticipate higher fares
Royal Bank of Scotland Group (RBS) struggles to meet deadline to offload 120,000 customers. UK bank likely to need extension as customers ignore incentives to move to rivals
