Pound surges as markets bet new Chancellor will cut taxes. Tax rises on pensions and property could be off the table as Rishi Sunak takes over from Sajid Javid
Centrica (CNA) blames gas glut and energy price cap for £1.1bn loss. The company fails to give any update on the search for a new chief executive
JCB cuts production on coronavirus shortages. Workers will move to a 34-hour week at the digger manufacturer’s UK factories ahead of expected parts shortages
Vivendi to float Universal Music. Surprise move comes three years after French owner decided against a listing and in the wake of a stake sale to China’s Tencent
Airbus fails to capitalise on Boeing 737 Max grounding. The planemaker slumped to a €1.36bn (£1.1bn) loss last year despite reporting record aircraft deliveries
