Business

The FTSE 100 index closed down 103.74 points, 1.1%, at 9,807.68.

The Prime Minister said more than 6,500 jobs would be created in North Wales by the two projects.

The bonds will be designed to fund infrastructure programmes.

Rachel Reeves was handed an unwelcome pre-Budget surprise today when official figures showed the economy ground almost to a halt over the three months to September.

Fraudsters are posing as legitimate bank fraud teams so that victims unwittingly grant access to their bank account and funds are drained.

A union officer said staff had ‘no other choice’ after being offered a real-terms pay cut.

The FTSE 100 index closed up 11.82 points, or 0.1%, at 9,911.42, a record closing peak.

The so called ‘Romford Corridor’ illustrates both the obstacles facing traditional development and the unexpected opportunities emerging from adaptive reuse.

John Mulryan, group managing director, Ballymore, said: “We are pleased that the RBKC planning committee has given approval for our project at Kensal Canalside. This will be an exemplar project,…