BAE Systems (BA.) chief stands by Saudi Arabia deals. Woodburn defends doing business with regime as protests are expected at trade event
Lombard – Intu Properties (INTU) would be £550m bid bargain, but for £1bn debt. Orion unlikely to repeat its success with distressed retail assets in Spain
Chief of BA parent, International Consolidated Airlines Group SA (CDI) (IAG), faces grilling by investors. Willie Walsh to meet shareholders as shares fall and 1,700 flights grounded
PPI scandal hits £50bn after claims rise at Lloyds Banking Group (LLOY) and Barclays (BARC). UK banks are latest to report last-minute compensation surge in mis-selling fiasco
Primark owner warns margins will fall next year. Associated British Foods (ABF) says all preparations and contingencies for Brexit are complete
Shareholder approaches Eddie Stobart Logistics (ESL) for possible takeover. Private equity investor DBay eyes makes preliminary expression of interest in trucking group
Lex – Lloyds Banking Group (LLOY)/PPI: Horta-Osório’s £50bn legacy. Chief executive miscalculated badly when it came to PPI