| Michael Gove has told businesses that trade with Europe they need to prepare for “significant change” with “inevitable” border checks for “almost everybody” who imports from the EU from next year. | |
| Lloyd’s of London has appointed the former Virgin Money chief executive Jayne-Anne Gadhia to help oversee a cultural overhaul at the insurance market after it was rocked by bullying and harassment allegations last year. | |
 | Shares in Intu Properties (INTU) jumped on Monday after the company behind shopping centres including the Trafford Centre in Manchester and Lakeside in Essex confirmed it is in talks with investors over an emergency cash call. |
| Waitrose is to launch thousands of new and revamped products in the coming months as the battle for the hearts and minds of Ocado shoppers moves up a gear. | |
 | Staff working at the British Museum in London have joined calls for its management to ditch its sponsorship deal with the oil company BP (BP.) after a weekend of protests. |
| France’s Covéa in talks to buy PartnerRe for $9bn. The approach comes as the reinsurance industry is undergoing a resurgence. | |
| Credit Suisse ousted Thiam because of a second spying operation. Chairman Rohner says the bank was forced to act to protect its reputation. | |
| Storm Ciara hits UK flights and rail services. High winds disrupt travel as the Met Office warns of power cuts and risk to life. | |
| Ford shakes up management after a bruising year. Executive to step down days after company unveils losses and gloomy outlook. | |
 | ASOS (ASC) chief increases stake. Online group reports improved sales performance over Christmas. |
 | Sirius Minerals (SXX) urges shareholders to back Anglo rescue bid. |
| Private equity in the final push to charm Thyssenkrupp union leaders. Groups seek support for bids to buy German conglomerate’s prized elevator unit. | |
| Ericsson should court US takeover, says big investor. Cevian urges the telecoms group to consider DC ‘controlling stake’ to fend off Huawei. | |
| Sibanye-Stillwater chief hails Lonmin deal. Neal Froneman highlights ‘lowest payback period’ after £285m purchase. |
| A £550m deal to rescue a portfolio of Neil Woodford’s stakes in biotech start-ups has collapsed — a development that is likely to deal another blow to investors in his failed fund and lead to a fire sale of 20 promising companies. | |
| ITV boss Dame Carolyn McCall is to urge MPs and the media regulator to level the playing field with American streaming giants by overhauling “outdated” laws for public service broadcasters. | |
| BP (BP.)’s new boss will accelerate plans to clean up the oil giant’s emissions in a landmark speech this week. |
 | Bookmaking giant William Hill (WMH) is close to signing a media deal with an American partner as it battles to secure a slice of the lucrative sports betting market. |
 | Support services giant Babcock International Group (BAB) could suffer a fresh blow as a contract to decommission Scotland’s oldest nuclear reactor is taken back in-house by the state’s agency. |
| Nearly a third of Lloyds Bank workers say they are struggling financially, according to a poll that has highlighted the disparity between the bank’s worst-paid staff and its chief executive, who earned £6.3m in 2018. | |
| A David v Goliath battle will begin in the north-east of England on Tuesday as the mayor of the Tees Valley (population 700,000) faces off with the government of Thailand (population 69 million) over the future of the former Redcar steelworks. | |
| Gas and electricity bills will fall for about 15m households this summer after the energy regulator, Ofgem, reduced its price cap on standard bills in response to falling global energy markets. | |
 | Burberry Group (BRBY) has said the coronavirus is having a devastating effect on the luxury goods market, as wealthy Chinese consumers stay away from shops and travel restrictions curb overseas shopping sprees. |
| The stricken department store chain Beales is to close more than half its shops in the latest blow to the UK’s struggling high streets. |
| Currency experts fear IMF no longer has firepower to act as world’s lender of last resort. Global task force sounds alarm over ‘very dangerous’ dollar crunch. | |
 | AIM-listed podcasting group Audioboom Group (BOOM) boom could be taken over by a rival after calling in bankers to launch a strategic review. |
| The group, which is backed by the property tycoon Nick Candy, has enlisted New York merchant bank Raine to explore a merger or sale, Sky News reported. | |
| One of Europe’s biggest train operators could pull out of Britain after racking up a £20m loss, The Telegraph understands. | |
 | Centrica (CNA) is preparing to appoint an insider as its new chief executive, as the British Gas owner struggles to tackle its debts by selling off its fossil fuel and nuclear arms. |
| Big Bus Tours chairman Pat Waterman has returned to the wheel of one of the world’s biggest sightseeing companies following the departure of its chief executive and a delay of more than a week in filing its annual accounts. |
| Credit Suisse chief executive Tidjane Thiam lost a power struggle with his chairman Urs Rohner, which escalated after it emerged that two senior executives had been placed under surveillance. | |
| Burberry Group (BRBY) warned the coronavirus outbreak is hitting sales in China and it has shut more than a third of its stores. |
 | Fund supermarket Hargreaves Lansdown (HL.) took another blow as its founder Peter Hargreaves flogged £550million worth of shares. |
 | Ocado Group (OCDO) will release its full-year results on Tuesday. The technology and grocery group had a meteoric rise in 2018, with shares rising 500 per cent between late 2017 and early 2019. But the stock has gone sideways since, and remains 15 per cent below its all-time high. |
| Sirius Minerals (SXX) shareholders will decide its future in a make-or-break vote on March 3. Investors will choose whether to back a £405million takeover from global mining group Anglo American, which has made a 5.5p-per-share offer for the struggling Yorkshire potash miner. |
 | Property search portal OnTheMarket plc (OTMP) recorded the highest ever number of visitors to its website last month, it revealed today. |
| The FCA has hit back over claims it sat back and approved misleading adverts from a Chinese crypto-investment company offering a 5 per cent ‘savings alternative’, claiming the firm had agreed to scrap its adverts almost two weeks ago. | |
| Around 70,000 Nationwide customers are set to receive a slice of a £900,000 payout, the Competition and Markets Authority has revealed. | |
 | Further strike action at Royal Mail (RMG) threatens to thwart the group’s turnaround plans and increase the likelihood of its postal business making a loss next year. |
| China has slashed tariffs on billions of dollar of imports from the United States following the two countries’ ‘phase one’ trade agreement last month. It comes as China is trying to offset the economic damage from the coronavirus. |
| The new chairman of the John Lewis Partnership has warned of potential store closures and job losses as part of a plan to shore up its finances. | |
| Royal Mail (RMG) is worth less than at any time since it was privatised in 2013, after its warning of a challenging year sent shares tumbling. |
| Amazon Choice label is being ‘gamed to promote poor products’. Which? says company must ensure algorithmic system is not used to mislead consumers. | |
| China is to halve additional tariffs on 1,717 US goods following the signing of a phase 1 trade deal that halted the trade war between the world’s two largest economies. | |
| Twitter shares have climbed after the social network beat revenue expectations by posting its first billion-dollar quarter, shrugging off fears it could be facing a slowdown in advertising. |
 | Norway oil fund removes Drax Group (DRX) from investment blacklist. Sovereign wealth fund rewards the UK power group for moving away from fossil fuels. |
| Hargreaves Lansdown (HL.) founder to sell £500m of shares. Peter Hargreaves says he wants to ‘diversify’ assets. |
 | Trial of former Barclays (BARC) bankers likened to field of ‘diseased hares’. SFO prosecution lambasted by defendant’s lawyer as case enters final stage. |
 | Three Thai conglomerates enter bids for Tesco (TSCO) stores. Bidders are Thailand’s biggest department store group, the owner of 7-Eleven and a brewing billionaire. |
| Twitter’s quarterly revenue tops $1bn for first time. Shares surge 15% as strong US growth boosts social media giant. | |
 | Beazley (BEZ) reports rise in price of specialist commercial insurance. Increase points to improvement in the market after years of stubbornly low rates. |
| Prominent investment adviser calls for Credit Suisse chair to resign. Ethos Foundation chief says Swiss bank is ‘in crisis’. | |
| Fiat Chrysler warns coronavirus might shut European plant. Facility is weeks away from halting production after supplies are hit by China shutdowns. |
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